Bullboard - Stock Discussion Forum Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap... see more

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Beleave Inc > USD VS CAD stock price

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Post by Can4real on Jan 17, 2020 12:39pm

USD VS CAD stock price

There seems to be a an FX issue between the US and CAN price of this stock. It's trading on the US pink sheets at about 2.5 cents USD vs. 2.5 cents CAD (CSE). This means we should either be trading on the CSE at 3.25 cents, or the US price should be lower...

Anyone know how to tranfer CAD shares to the US market? LOL

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Comment by Seecan on Jan 17, 2020 12:51pm

Are you looking at the OTC market quote perhaps BLEVF?

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Comment by Can4real on Jan 17, 2020 12:54pm

Yes, do you understand why the difference in price isn't only the FX? I would think the difference should only be about 1.3USD/CAD. But the math doesn't work

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Comment by Seecan on Jan 17, 2020 1:06pm

I'm not certain but I would think its because the stock is only traded in the USD on the OTC grey market. A good point for some research on the OTC grey market or (gray) market. The price in that market gets stimulated by the price discrepancies.

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