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Green Growth Brands Inc GGBXF

Green Growth Brands Inc is engaged in the healthcare business. It is a cannabis retail company operating worldwide. The company's brand profile include CAMP, CBD, Meri + Jayne, and others. It has two operating segments; the cultivation, production, distribution and retail selling of cannabis products, and the production and selling of CBD-infused personal care products through retail, digital and wholesale channels.


GREY:GGBXF - Post by User

Comment by businessprofon Apr 19, 2018 1:47pm
55 Views
Post# 27912462

RE:dropping?

RE:dropping?Typical first day jitters + day traders from this morning are timing their way out and giving us more shares in the 30s.  I think it'll stabilize in the 40s before it starts to climb.  We do seem to have enough volume for that to happen.  Plus, XTHC is in a better position than TNY to make profit, and look at what TNY has done.  Generally, these small cap IPOs can be all over the place on day 1 and often (like today) fall below the target price.  This doesn’t mean that it won’t be above .50 cents again tomorrow or next week, but yes, it’s risky.  To me, with TNY as a solid model, I think XTHC might be slightly less risky with such a unique product offering?  What do you guys think?  Let's get some discussion going.
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