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Bullboard - Stock Discussion Forum Beleave Inc BLEVF

Healthcare Drug Manufacturers - Specialty & Generic Cannabis
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

GREY:BLEVF - Post Discussion

Beleave Inc > LONDON DISCOUNTED $2M - NOW LISTED FOR $5.9M
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Post by Wallhalla on May 12, 2020 6:06am

LONDON DISCOUNTED $2M - NOW LISTED FOR $5.9M

This would amount to a loss of $2.5 million if we sell for this price (Beleave bought it for $6.4 million and put in $2 milllion of upgrades). They owe $ 3.2 on the mortgage, and have $1.25 million registered against it, leaving $1.45 million cash less any legal and realtor fees.
 
www.collierscanada.com/en-CA/Properties/6867-wellington-road-south-pre-licensed-cannabis-commercial-grow-operation/CAN-6867-wellington-road-london-ontario-canada/CAN2003750
Comment by Badtrader2008 on May 12, 2020 1:21pm
I'm thinking they are doing this because they only want and need the Hamilton location and this is the only way to finance and complete renovation....this company would be a really craft producer at best never large scale.....
Beleave Inc
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