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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 AHRBullon May 10, 2019 7:41am
82 Views
Post# 29732922

RE:RE:RE:Reverse split!!!

RE:RE:RE:Reverse split!!!
INVEST4LONG wrote: exactly , you are right.
reverse split is only gonna reduce number of shares not the valuation...
there will be just more price action... dealt with reverse split before in different stocks ... most of the time people sell the stock when its a reverse split.


why should anyone sell the stock after 6:1?

If I own 1 mio shares for 0,05, I will own after the consolidation later 166.666 shares, purchase price will be added up to $0,30.

why should I sell? why should anyone else sell? that doesnt make sence.

this consolidation is just cosmetic
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