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West Island Brands Inc C.WIB

Alternate Symbol(s):  WIBFF

West Island Brands Inc. is a Canada-based multi-faceted cannabis company. The Company operates through its subsidiary, RoyalMax Biotechnology Canada Inc., which is a Health Canada license holder with a cultivation license, processing, medical sales and sales licenses. The Company works with Yunify Natural Technologies, a Quebec-based health and personal care research and innovation company that develops products for West Island, including topicals and ionic mists. The Company and Yunify have developed a spray mist that captures cannabis smoke odors through Yunify’s Natural Ions Encapsulation technology; cannabis odors are trapped, and they are neutralized. Its brands include OUEST, CITOYEN and Silk Road. The OUEST brand is represented by Grandpa's Stash and Jelly Cake flower offerings. The CITOYEN brand is represented by the King Louis and Clementine Punch flower offerings. Its Silk Road is a hashish blend which is made from the finest quality plant material.


CSE:WIB - Post by User

Bullboard Posts
Post by sloppytraderon May 29, 2019 5:03pm
79 Views
Post# 29783003

Nicely Done Matica! Great times Ahead!

Nicely Done Matica! Great times Ahead!Up, up and away!! As at March 31, 2019 Cash $ 6,437,070 (increase of $1,122,132 since Dec.31, 2018) Marketable Securities $ 1,118,565 (decrease $692,685 since Dec.31, 2018) Working Capital $ 7,731,299 (increase of $689,552 since Dec.31, 2018) Proceeds Received Subsequent to March 31, 2019: Sale of Marketable Securities $ 478,210 The Marketable Securities value of $1,118,565 at March 31, 2019 represents the 1,775,500 common shares of Biome Grow Inc. valued at March 31, 2019. Subsequent to March 31, 2019, Matica has sold an additional 835,500 common shares of Biome Grow Inc. for net proceeds of $478,210. George A. Brown, Director and Interim CFO states: "The Company's financial position continues to be strong with our cash position increasing by 21.1% during the first quarter of 2019. This is providing funding of the Phase 1 construction of a 200,000 square foot greenhouse in Hemmingford, Quebec. The initial five acres required for the footprint of a 200,000 square foot greenhouse were cleared and levelled in 2018. This spring we expect to complete the gravel and cement foundations. The greenhouse erection is expected to be completed over the summer Hold onto those valuable shares folks! All the best! Sloppy.
Bullboard Posts