Bhang Inc BHNGF

Consumer Defensive Household & Personal Products

Bhang Inc. is a Canada-based global consumer packaged goods company, focused on chocolate and cannabis edibles. The Company offers chocolate cannabis edibles in North America and in other parts of the world. Its chocolate categories include cannabis-infused milk chocolates, cannabis-infused dark chocolates and cannabis-infused white chocolates. The Company's cannabis-infused milk chocolates include milk chocolate and ice milk chocolate. Its cannabis-infused dark chocolates include 1:1 CBD:THC caramel dark chocolate, dark chocolate, fried chicken & cola dark chocolate and toffee & salt dark chocolate. Its cannabis-infused white chocolates include cookies & cream white chocolate, and white toast white chocolate. It has collaborations with The Blues Brothers through cannabis infused chocolate. It offers infused joints - BHANG HIGH ROLLER: FIG BAR. Its business includes selling its products in over 2500 retail stores and delivery selling and distribution through licensee partnerships.

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Bhang Inc > Good volume and

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Comment by QcTraderon Oct 05, 2021 7:19am

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Post# 33965821

RE:Good volume and

I believe the main reason for Indiva to be holding its level is the investment capital of Sundial into them.

Sundial is building positions into many Cannabis plays and they picked Indiva this is creating some mental support for investors and shareholders.

i agree lots is going on behind the scene in the cannabis space and M&A has never been this active for MSOs. i am sure PBIC, BHNG and friends are getting calls every week or every day.

BHNG will have its day sooner or later!

geodcan wrote: a little uptick on a down day for pot stocks. Pleased to see Bhng spreading its wings some more. PBIC doesn't seem to want control but more of a go along for the ride kind of relationship.

I wish BHNG showed the same enthusiasm as Indiva and I can imagine Trulieve amassing several more assets to add to their success story for US MSO's.

There is lots of positioning going on and the Canadian LPs have taken the biggest beatdown of their sharevalue but they haven't given up.

They are dumping the losers and doubling down on better assets but it is clear that the Canadian market hasn't progressed to the stage of profitability which leaves LPs looking to the US market.

A lot of potpreneurs chased the dream and came underfinanced and short of knowledge to succeed. Canopy ran hard and made a lot of money for a lot of shareholders and they are still a force, especially after teaming up with STZ.

Them going to the States is dependant on a "trigering effect" which basically means decriminalization at the Federal level, which will come off as legalization, which will launch the biggest greenrush the world is going to see.

US MSOs navigated their laws and built some moneymakers while Canadian LPs look on enviously waiting for more clarity in the laws.

Canopy went from a dreamstock to more basic fundamentals of profit and loss statements. They took the irrational exuberance right out of their company, for now, while proactively setting themselves up with Acreage for putting down roots in the US. They also have lots of backing for dollars to do this.

Trul is making money while navigating their marketplace but are not opposed to taking on more skus to bolster the bottom line.

BHNG is one of their choices for skus, so they see something in BHNG and maybe Indiva too!

glta and dyodd