Thought this might be of interest to some of you! Between March 8-11, billionaire businessman Pierre Lassonde, with an ownership position exceeding 10 per cent, invested over $2-million in shares of cannabis producer Rubicon Organics. He purchased a total of 687,439 shares at an average cost per share of approximately $3.03 for an account in which he has indirect ownership (Firelight Holdings LLC).
Mr. Lassonde is the co-founder and chair emeritus of Franco-Nevada Corp. and the former president of Newmont Mining Corp.
I was able to bet in at $3.30... it's already up 11%... may ride the wave for a day or 2 on Lassonde's connection with the stock.