GREY:DXBRF - Post by User
Comment by
Martes34on Feb 23, 2020 8:50am
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Post# 30722429
RE:Dixie and Herbal Enterprises
RE:Dixie and Herbal EnterprisesGeodcan, it was on your posts more than a year ago, and talking about the company's 100 skus, head start and knowledge in the cannabis space that I decided to buy shares of Dixie Brands. I first bought at 0,97 usd. I held onto my shares, and saw the tidal wave passing in 2019. Very positive and extremely important to me was the deal with AriZona they made in august 2019. I saw a positive reaction of the market on the news, but it faded away. I never tought this would happen, the deal can't hardly get overestimated, this is so big and a milestone for the company. I expected a move like Canopy did, announcing the deal with STZ at the time. So holding on the gains in SP and seeing capital flowing in and shareprice appreciating. It didn't happen. Very strange to me. I increased my position several times, and now have a lot of shares into Dixie. Never tought we would see these low prices and that slaughter. It is disgusting !! Market manipulation and short selling at a top. The question is : what now ? I see a takeover as a possibility knowing their experience in the beverage segment and knowing the fact Canopy is struggling that much bringing cannabis beverages to the market. Dixie is a hiden gem, and few people still know about it. So he who's taking over Dixie can make a smart move. And than there is politics too of course. One can dream about Bernie winning the elections, and than all brakes get released for cannabis related investments. We, Europeans, at the other side of the ocean, keep struggling with the fact Trump has the power. How could that ever happened ? And do we get another ' 4 years ' ?!