RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BevCanna dealTo clarify Franks, my suggestion is that Nextleaf is A supplier for BEV, not primary, exclusive or preferred, just a provider of inputs that they have available for white label clients. The exclusivity to be BEV's only supplier was the big attraction of the original deal with OILS/BEV, but that exclusivity is gone. The exclusivity Moosehead with Sproutlys inputs was a negative for Sproutly as they could sell to Moosehead and no one else...... getting rid of that exclusivity is good vs losing the exclusivity of being the only supplier to BEV which is bad because other cannabis inputs can be used within the BEV infrastructure.
The Moosehead deal itself has taken it on the chin from Covid, just like every other drink company not named Canopy. The HC regulations forcing cannabis to be packaged in a facility that is strictly used for cannabis threw a curve ball to the Moosehead JV plans, but that doesn't change Moosehead's position on their tech or Matthew's Oland's position as the CEO of the Sproutly/Moosehead Joint Venture. When you see the Hover brand this summer from the Moosehead/Sproutly JV, think of me will ya :)
The debentures you speak of..... about 93 million shares at 6 cents. They have about 16 million left (give or take) as they have been selling them off since October when Sproutly finally got their 2.0 sales license. In fact when these debentures run out in the next few weeks the share price will naturally drift upwards as all that selling pressure has dried up and the stock is ready to go.
Partnerships with Cannabis Manufacturers Guild and Cannahive are being completed, gummy products will be hitting the market in April, they have Caliber flower on OCS.ca, a Sproutly line of cannabis drinks/shots and a deal with Moosehead in the pipeline for this Spring.
The only thing dead or dying around here are the beliefs that Nextleaf is going to be a significant player in the cannabis drink market.