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Cannara Biotech Inc V.LOVE

Alternate Symbol(s):  LOVFF

Consumer Defensive Household & Personal Products Cannabis
Cannara Biotech Inc. is a Canada-based vertically integrated producer of premium-grade cannabis and cannabis-derivative products for the Quebec and Canadian markets. It operates through its wholly owned subsidiaries, Cannara Biotech (Quebec) Inc. and Cannara Biotech (Valleyfield) Inc. The Company owns two mega facilities based in Quebec spanning over 1,650,000 square feet, providing the Company with 100,000 kilograms of annualized cultivation output. It operates in two segments: Cannabis operations and Real estate operations. The Cannabis operations, which encompasses the cultivation, processing and sale of dried cannabis and cannabis derivatives for the Canadian market and other cannabis services (Cannabis operations). The Real estate operations, related to the Farnham and Valleyfield building (Real estate operations). The Company’s brand portfolio includes Tribal, Nugz, and Orchid CBD. Orchid CBD is a wellness brand that provides premium CBD-dominant cannabis.


TSXV:LOVE - Post by User

Cannara Biotech Inc > reverse split?
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Comment by bruloilon Jun 15, 2021 1:03pm
254 Views
Post# 33389046

RE:RE:reverse split?

RE:RE:reverse split?Yes carmap, reverse split have little effect on share value, but effet on market value is undeniable for some time after.

And could this explain such large volume on seller's side   (3,7 millions shares between 0.17 & 0.18$)?

If management is planning a reverse split than the MM are in the known & usually they go short.

But I have no clue.
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