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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

Comment by Silentbullon Apr 29, 2020 8:30pm
327 Views
Post# 30969241

RE:Lets keep our fingers crossed...

RE:Lets keep our fingers crossed...Revised Financials are already shared by beleave this morning on sedar.
its defaulting on almost all the loan payments and on some of them it's revised to 10+6+3%
bleeding money like no tomorrow and need to raise more money to complete Hamilton by dec 2020. Share consolidation is their only option by far to raise more cash and the terms they are getting are so unfavourable and irrational. Cherry on the cake is the $500k lease payments each year made to Bill for Hamilton and Oakville office and the shop... guess it is what it is...hope they have some turnaround plan 
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