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Bullboard - Stock Discussion Forum Fincanna Capital Corp C.CALI.X

Alternate Symbol(s):  FNNZF

FinCanna Capital Corp. is a Canada-based investment company. The Company is focused on targeted sectors of the cannabis supply chain through direct royalty or equity investments and strategic joint venture partner relationships. It has no active business operations.

CSE:CALI.X - Post Discussion

Fincanna Capital Corp > Next 6 months are critical
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Post by Co2Harvest on Sep 18, 2021 12:51pm

Next 6 months are critical

I just read the Aug 2021 financial update. In my view, the next six months should reveal a lot. Fincanna now completely owns and controls two of its three portfolio companies and it should be getting a royalty from the third. If it can't make a profit from the combined revenues of these three companies over the next 6 months then in my view there is something seriously wrong. They've either invested poorly or there's simply no future in the California cannabis business. This is just my opinion. I'm still holding all my shares for now, and hoping for the best as I see a high potential in QVI. GLTA
Comment by gardy on Sep 28, 2021 12:12am
I'm with you. All these announcements and 800 shares traded today. My heart be still.I have talked to Andriyco many times and its the same old story. need more time. Well in that time all he has done is dilute the share structure when they supposedly had enough cash on hand. Something just isn't right here. Like you said a few more months.  Gardy
Comment by Co2Harvest on Sep 28, 2021 7:56pm
Yes, and I really am hoping for the best and still holding my shares. It seems that they are doing what they think they need to do to survive, short of taking a haircut on executive compensation. It's good they have 100% of QVI. If I had to choose only one of their investments, they would be it. In my view, QVI is very smart to be in the high margin products and services space. They have been ...more  
Comment by gardy on Oct 29, 2021 1:55pm
A thousand shares at .055 cents for a grand total of $ 55.00. This is the s!!t that drives me nuts. Really nothing happening here and i know that Andryko is tied up with the Bevcanna crew which is a disaster waiting to happen. Not feeling it right now.  Gardy
Comment by Co2Harvest on Oct 29, 2021 6:01pm
Yeah I've been watching Bevcanna. I think the whole industry is in a difficult phase right now. If you look at the HMMJ etf, the trend is down. It seems that "Cannabis 2.0" hasn't lifted off yet and retail is in pain (in Canada, too many shops has diluted everyone's business). A business like QVI should theoretically do relatively well given where in the chain they sit (plus ...more  
Comment by gardy on Nov 09, 2021 7:56pm
Share price dropping and no news. Not what I call a vote of confidence.  Gardy