RE:$0.77 Great entryLeafRider wrote: Figured I'd pick some up today at the $0.77 price. CBW gets a pretty bad rap for where they are in the current market place. Fact of the matter is they are the Weed Bank that companies are looking to, in order to expand and grow. Rificci is no fool, he will ensure that that the finacials are weighted in his favour over the long term. Sure they may have over paid per share price for Abcann, but the Broken Coast deal, and other smaller deals will equate to pure revenue for CBW. The expenses in CBW aren't what they are for each of the LP's. I'm confident that 2-3 years from now CBW will be well above the $2 share price. If you want to get rich overnight trythe casino.
I look at it this way. All the cheap paper that is allowed to be sold is now out there in the market. The rest doesnt come unlocked for a year. Market analysts hate the deal. Retail hates the deal. Everyone hates the deal. Whos left to hate it? And yet, here the share price hangs. Repricing those warrants would unleash a monster rally and add credibility. Will that happen who knows but how else to work the share price up and get money in the till? They have alot of buildouts to fund and those companies need that money NOW...