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Bullboard - Stock Discussion Forum Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia... see more

TSX:ZENA - Post Discussion

Zenabis Global Inc. > ZENA will be over 30 cents next week
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Post by buddyboybruce on Jun 13, 2020 4:07pm

ZENA will be over 30 cents next week

HYTN beverage line fully commissioned and in production at Stellarton, NS, shipping of cannabis-infused beverage to begin week beginning June 15 and soon to be on shelves in PEI. Zenabis to make an announcment regarding successful HYTN beverage market launch next week.
Comment by optex1972 on Jun 13, 2020 8:29pm
Sorry but you're abit dillusional with this prediction to say the least. 
Comment by buddyboybruce on Jun 13, 2020 8:53pm
1Q income from operations $5.2M for 3 months ended March 31, 2020. The invoices I have seen would have me estimate $15M for 3 months ended June 30, 2020.   
Comment by RandomGuy25 on Jun 14, 2020 1:15pm
Where can we view invoices?
Comment by Canuck30 on Jun 14, 2020 5:33pm
Can we hold you accountable to such a lofty prediction if it doesn't hit .30 cents?
Comment by buddyboybruce on Jun 15, 2020 12:50pm
Hi Canuck30 - no, I cannot guarantee anything. As we have seen this year with Covid-19 and US riots, sometimes things just blindside the market. However, I do personally feel that 30 cents this week is realistic depending on announcement of HYTN beverage market launch announcment (or some other positive announcement such as new Tilray beneficial development). Rick Brar, Co-founder & ex-CEO of ...more  
Comment by bigkagan on Jun 15, 2020 1:48pm
they were selling their shares because they knew that 79-year old uncle Luigi who does their books forgot to include convertible notes in the earnings report, heh
Comment by Canuck30 on Jun 15, 2020 5:32pm
Thanks for the detailed reply. I know there's no guarantees. My reply was simply to make a statement to people predicting prices without any details to backup their predictions. For someone to say Zena is headed back down to 6 cents or up to $1, they need to provide reasoning. We need to keep the posts constructive and respectful. 
Comment by mydogchach on Jun 15, 2020 7:22pm
Rick Brar, Co-founder & ex-CEO of Zenabis, and other insiders, are done dumping their shares. Rick Brar was dumping his shares (dilutive to share structure and depressing to stock price) and according to my research, still had 23 million shares as of  Aug 21, 2019. I think Brar and other insiders are pretty much finished their dumping and I would guess Brar has 0 shares remaining ...more  
Comment by Byb1985 on Jun 15, 2020 10:32pm
This isn't going anywhere but bankrupt. I tried the product before investing. Let me tell you it tastes like old tobacco. This company probably has the worst weed I have ever tried. Trust me on this. With bigger company's putting out cheap weed at par with these guys there is no chance. Happy investing parked my money in Supreme cannabis
Comment by buddyboybruce on Jun 15, 2020 11:50pm
Hello Byb1985, Tilray Inc. exhaustively vetted Zenabis cannabis in terms of taste, composition, quality, aesthetics, and strength relative to peers. Tilray was pleased to the tune of $30 million in dried cannabis from Zenabis. With all due respect, I trust Tilray's assessment. 
Comment by mydogchach on Jun 16, 2020 12:26am
Hello Byb1985, Tilray Inc. exhaustively vetted Zenabis cannabis in terms of taste, composition, quality, aesthetics, and strength relative to peers. Tilray was pleased to the tune of $30 million in dried cannabis from Zenabis. With all due respect, I trust Tilray's assessment.  You're refering to an old news, July 2019 press relelase - where Tilray agrees to buy up to $30 ...more  
Comment by buddyboybruce on Jun 15, 2020 11:16pm
Good eveningmydogchach: Brar is no longer on the insider roster as he is no longer involved w/ Zenabis and his holdings fell below the minimum 10% requirement for insider status - which is exactly why the last we've seen of his dumping was August 2019. His voluntary share pooling agreement allowed him to dump approximately 2M shares per month on the 19th of each month, so he should be done by ...more  
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