Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives. The company is currently developing new product lines as the recreational market is expected to allow for food and beverage-based cannabis products.

GREY:BLEVF - Post by User

Beleave Inc > Not even worth a penny

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Comment by Wallhallaon Apr 01, 2020 11:45am

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RE:RE:RE:RE:Not even worth a penny

They owe their suppliers $ 4.9 million (on top of Auxly). This is publicly stated in their last fincials. Their is a lien against the Hamilton property for money owed to construction workers, plus they have vendors calling them out on social media. Seems like only a matter of time before they seek creditor protection. Sadly.

Icemaninc wrote: I wouldn't buy at 0.005 lol Maybe at 0.001 if I thought it was being taken over buy a capable company. But they have too much debt. They also owe alot of vendors that they need to make that info public. I guess in good time it will all be revealed.

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