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Cannex Capital Holdings Inc. - Ordinary Shares C.CNNX


Primary Symbol: CNXXF

"Cannex Capital Holdings Inc, formerly known as Arco Resources Corp is a cannabis company. The company will focus on providing a range of comprehensive and flexible growth options for licensed cannabis cultivators, processors and/or dispensaries domestically and internationally, including providing turn-key real estate with operational infrastructure as well as long term advisory and consulting services."


OTCQX:CNXXF - Post by User

Comment by Chris2982on Oct 05, 2018 2:12pm
78 Views
Post# 28753887

RE:New Directors

RE:New DirectorsThey didn’t appoint new directors they just granted existing directors some stock options and they also paid for consulting services with stock options. Normally I’m not a huge fan of stock options but I’ll give it a pass in this case since the strike price is 1.00 and it’s currently trading at well below that value which means executive interests are very much in line with shareholder interests. If the strike price was like .40 then I’d be pretty pissed cause it would obviously just be a money grab for them but in this case the strike price is very fair.

the more news that comes out about US pot companies the more I like cannex as an investment. Executives and shareholder values are in line, lots of capital management experience, and they don’t seem to be in a hurry to purchase just any old company simply because it can be acquired at a lower price/sales in an attempt to pump and dump the stock price. That and their operating results so far speak for themselves. My only wish is that they would move a little faster on these damn acquisitions. Once this jetty deal closes I think I’m gonna go all in on cannex
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