Post by
RReis09 on Oct 14, 2020 1:14pm
Aphria,Canopy,Supreme Cannabis All Have Same LENDER; Mcap
In last 6 months Mcap has done Debt for Equity Swap with all #3 Wiped out The Debt and took the Shares And became "Insiders" In Wich Case would put them on The Board of Directors of all 3 Considering The.percentage owned. 20% plus for all 3. With this kind of power Mcap can pull strings for consolidation/Synergies......With Their Debt for Equity Swap: Canopys own $200-million financing in January, also co-led by BMO, saw two-thirds of the securities being bought by three hedge funds, with $100 million going to MMCap. Canopy Growth Corp. CEO Bruce Linton. PHOTO BY CHRIS ROUSSAKIS/BLOOMBERG In less than four years, dozens of companies have raised billions of dollars, positioning the best among them to dominate the upcoming legal recreational market at home and the medical marijuana market abroad. 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 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. Reply
Comment by
ilvmyt5s on Oct 14, 2020 2:12pm
they got a handshake deal with Aleafia and if TBP comes through with a few DINs it's all over for the LPs who can't survive the consolidation. Canadian LP's will have to become larger if the US goes rec just to keep up to the MSO's expansion...