GREY:INSHF - Post by User
Post by
teamcannabison Nov 22, 2018 1:11pm
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Post# 29010518
the details
the detailsshe read the same article in the finnincial post like everyone else on november 16. nac has lp ownership at 12%,ontario rules say you can own 9.9%.so aphria,cantrust and vivo have to lower their %.she like to scare everybody and thinks she knows more than the board of directors.
1.lps sell nac stock on open market to bring% down to 9.9,which they are already doing.
2.nac buys back enough stock from lps to drop to 9.9%
3.nac dilutes the stock,create and hold more shares so what they bought is 9.9%
4 my favorite,split the stock
nac/meta/secondcup plan to enter ontario market is underwaythey will have hundreds and hundreds of stores in ontario.you can also read the press release yesterday stateing they are currently the largest retail company in canada,and always will be.