Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Body and Mind Inc C.BAMM

Alternate Symbol(s):  BMMJ

Body and Mind Inc. is a Canada-based operations-focused cannabis company with active retail operations in Arkansas, Illinois and California, pending retail operations in New Jersey, and craft cultivation operations in Arkansas. The Company's segments include Wholesale, Retail and All others. The Company's products include flowers, pre rolls and hemp blunts, concentrates, carts and vapes, and edibles. Its featured products include Krispy Bites, Pretzel Bites and Chocolate Bites. It manages and operates a BaM Body and Mind branded dispensary. It owns and operates The Reef by Body and Mind retail dispensary in the limited license jurisdiction of Seaside, California. The Company's subsidiary is DEP Nevada Inc.


CSE:BAMM - Post by User

Bullboard Posts
Comment by Sledd66on Dec 24, 2017 8:30am
62 Views
Post# 27223532

RE:RE:RE:RE:RE:RE:RE:Hey Olive!

RE:RE:RE:RE:RE:RE:RE:Hey Olive!
I'm new to stocks so I do not have the same experience as most, but the way I understand it as I said on the this board is this:. It's worth 115 mil dollars... correct. It's also 115 mil shares... correct. When the stock price was 1 dollar per tgif share, tgif secured 115 mil shares at the price of 115 mil dollars. Price is now irrelevant, that is what tgif paid and is storing for this transaction. If tgif goes to $2 dollars, the fact that this deal is underway would play a part in that price. BAMM would also be worth more too. They both made profits, both got there foot in the Nevada door, and both can fly independent without each other...so why on Earth would BAMM sell there company for only 57.5 mil shares just because TGIF is $2 on day of sale...what benefit is that to BAMM? A friendly merger always butters up the pot to the one being bought out. I would say people trying to read way too deep into this. It's 1:2.4, very simple regardless of price. Tgif will get diluted on the initial transaction, but in the long run it will now be a company twice it's size in terms of revenue and production. It's a win win for everyone and nobody should be concerned. Just my inexperienced opinion.
Bullboard Posts