GREY:ALEAF - Post by User
Post by
Toweringmarson Nov 15, 2021 9:40am
343 Views
Post# 34126611
Monday Monday Monday
Monday Monday MondayMan, you guys sure knew what the deal was with Supreme rather quick...
The techniques include using bought deals to close short positions — something that is permitted in Canada providing a fund is not tipped to the pending deal, but that faces restrictions in the U.S.
Public records show that MMCap alone has pumped at least $600 million into more than a dozen cannabis companies over the past three years, helping fund big names such as Aurora Cannabis Inc. and Aphria Inc., mid-sized companies including The Supreme Cannabis Company Inc. and Hydropothecary Corp., and smaller players, among them Invictus MD Strategy Corp. and Hiku Brands Company Ltd.
https://financialpost.com/cannabis/how-a-handful-of-hedge-funds-cornered-cannabis-financing-and-made-a-killing-in-the-process
https://marketfrauds.to/moez-kassam-and-anson-funds-a-tale-of-corruption-greed-and-failure/
- Not sure if this was written by Robert Lee, but the parties involved sure didnt like it too much.
https://cannabislaw.report/wp-content/uploads/2021/03/Statement-of-Claim-Anson-Advisors-Inc-et-al-v-Robert-Doxtator-et-al-Dec-18-2020.pdf
All that to say, is that the shorts are playing their games here. Theres a reason they all have such glowing reviews for Bennic.
I suppose we just wait and see what happens. Do the shorts get their raise? Or do we get funded from somewhere else? Do we turn a leaf with a record harvest and high margin low cost product? Or do those numbers and 'facts' not matter so much. Do we have an ear shattering Q4 coming? Do people normally invest tens of millions of dollars in companies on the brink? Or do they see something the 'I've been warning you for months and gloating in the price dropping, hammering stop losses" players do not?
Stay tuned.