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Nova Cannabis Inc YSSCF


Primary Symbol: T.NOVC Alternate Symbol(s):  NVACF

Nova Cannabis Inc. is a Canada-based cannabis retailer. The Company’s principal activity is the operation of retail cannabis stores in Canada. The Company owns and/or operates locations across British Columbia, Alberta, Ontario, and Saskatchewan, primarily under its Value Buds and Firesale Cannabis banners. It is focused on the cannabis retail market by offering a range of quality cannabis products. Its collections include Big Bags, Dried flower, vape cartridges, pre-rolls, concentrates, and edibles. Its products include GOOD SUPPLY SWEET BERRY KUSH (IND) DRIED - 28G, BAKE SALE ALL PURPOSE FLOWER INDICA (IND) DRIED - 28G, GOOD SUPPLY MELON DREAM (H) DRIED - 28G, GOOD SUPPLY MELON DREAM (H) DRIED - 28G, SIMPLY BARE BC ORGANIC MIND FLAYER (IND) DRIED - 28G, PURE SUNFARMS UFO COOKIES (IND) DRIED - 28G, and SPINACH WEDDING CAKE (H) DRIED - 28G.


TSX:NOVC - Post by User

Comment by Verdixon Mar 21, 2019 7:59pm
198 Views
Post# 29520426

RE:RE:Any stock price predictions?

RE:RE:Any stock price predictions?
PatrickNeil wrote: There are 670 million shares out in a company with a market cap of 50million.

Best case is $0.15 by years end and current value at worst.

Things could change, but it costs about 250k to build a store, then there are inspections, then supplies, rent, overhead, etc.

If all the regulatory bodies begin to lift the caps then it is possible the stock will climb much higher, as it stands now, the company is stalled due to supply issues.

I spent a few bucks on this stock, but I didn't stretch myself like I did with some other stinkers.
From TD: 

Shares Outstanding
565.7M
Still somewhat high but not what you're claiming...
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