Wayland Group Corp MRRCF

Wayland Group Corp, formerly Maricann Group Inc produces and sells medical marijuana. It is currently engaged in cultivation, extraction, analytics and production facilities to elevate offerings and prepare for growth into the adult-use cannabis market in Canada.

GREY:MRRCF - Post by User

Wayland Group Corp

Bullboard Posts

Comment by DSeng89on Dec 18, 2018 2:23pm

81 Views

Post# 29130511

RE:who is buying this @ this price ?

The company is sitting at $210M market cap, so I'd like to think the RS is already priced in at this moment. The share consolidation won't impact it's market cap as the company is still going to be worth $210M. I understand how the initial announcement of the RS would have caused short term pressure on the stock, but $200M market cap given all their assets is already relatively cheap. I know you've sold, but we've been due for some sort of bounce. The recent supply agreement with Ravenquest will allow us to export all our grown product to Europe for higher margins.