Bullboard - Stock Discussion Forum Maven Brands Inc C.MJ

Alternate Symbol(s): TRLFF

Healthcare Cannabis

Maven Brands Inc. is a Canada-based licensed processor serving the burgeoning craft cannabis community in Canada with a full suite of production, processing, and packaging solutions. The Company, through its subsidiary, Maven Cannabis, owns and operates an approximately 19,500 square foot cannabis facility at the 40-acre Monashee Gateway Business Park, situated in the Village of Lumby at the... see more

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Maven Brands Inc > So does anyone know what this means for shareholders?

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Post by GoodOutlook2015 on Aug 31, 2020 5:24pm

So does anyone know what this means for shareholders?

seem to be braking True Leaf up and selling the pieces separately. Do shareholders get shares of the the purchasing company? In this case "Hemp Technology Inc" https://finance.yahoo.com/quote/HPTY/ I didn't know that stocks could go that low $0.0009 . I guess it can go 900% lower. Thanks for everything Darcy . (I backed the wrong horse) https://money.tmx.com/en/quote/MJ:CNX/news/8726728926103068

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Comment by Weston on Aug 31, 2020 8:09pm

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Comment by DanielDarden123 on Sep 01, 2020 3:41pm

Since the buyer is paying with cash, existing shareholders will not get shares. MJ shares will likely get delisted when the building is sold and transferred to the new owner. To continue the listing financials would have to be current.

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Comment by GoodOutlook2015 on Sep 01, 2020 4:25pm

So any shares held will become valueless? Darcy owns 23 million + another 10+ million through a holding company, my 251,000 shares will become valueless? This doesn't make sense to me. (I feel bad for Darcy, to lose several million dollars over less than a $250,000 loan being recalled, and all the people globally and right here in BC, where was are ex premier? Was he not on the board of ...more

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