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Bullboard - Stock Discussion Forum Bhang Inc BHNGF

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... see more

GREY:BHNGF - Post Discussion

Bhang Inc > Ummm $6 million marketcap whaaat?
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Post by Tradertimestwo on Dec 23, 2020 5:25pm

Ummm $6 million marketcap whaaat?

How is this still this low? #1 chocolate edibles retailer with millions in sales through Indiva and partnered with Truleive... Anyone know how this is so far under the radar? Or why so low? Or when earnings are out?
Comment by geodcan on Dec 26, 2020 5:38pm
I'm guessing that it is because management wants it down here or they don't know how to build it up.  There is also the possibility that the marketmakers are working their magic and paralyzing the shareprice with big volumes of bids and asks until they are ready to have their way with shareholders although judging from that pain in my posterior, I think that has already happened.  ...more  
Comment by RoboticSlave on Dec 27, 2020 2:28am
you're looking at the most awfully managed company on the planet with obviously terrible royalty deals considering somehow they still haven't turned a profit
Comment by nightowl21 on Dec 27, 2020 11:58am
What has happened over the past 6-8 Months..is by design not the result of poor management...what the ‘market makers’ have done with this stock is very unusual! Something positive will emerge!   But that is just an opinion. 
Comment by geodcan on Dec 27, 2020 4:24pm
Not so unusual imho.  I have watched this happen with many stocks where the market makers kill them before they even have a chance.  There ought to be a law such as a non-confidence vote or some such to enable replacement of management and manipulators that are doing this.  Big money ganging up on junior hopefuls to steal their hopes and assets from investors defies the whole reason ...more  
Comment by Tradertimestwo on Dec 27, 2020 11:31pm
Agree completely. Sad state for many companies with perfectly fine business models and revenue that trade with low volume. When the last trickle of shares get squeezed out of retail then the MMs can beat it and let the SP recover. Or stellar earnings quarter over quarter could bring enough volume to bump it up...
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