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Bullboard - Stock Discussion Forum West Island Brands Inc C.WIB

Alternate Symbol(s):  WIBFF

West Island Brands Inc. is a Canada-based multi-faceted cannabis company. The Company operates through its subsidiary, RoyalMax Biotechnology Canada Inc., which is a Health Canada license holder with a cultivation license, processing, medical sales and sales licenses. The Company works with Yunify Natural Technologies, a Quebec-based health and personal care research and innovation company that... see more

CSE:WIB - Post Discussion

West Island Brands Inc > Wait until after earnings for entry?
View:
Post by AlwaysHigh on May 02, 2021 3:52pm

Wait until after earnings for entry?

Hello all, I discovered this stock after smoking RoyalMax's OG Kush. I have to say, the quality of it is much better than anything Tweed or Aphria/Tilray is producing. However, like the bigger companies, their financials aren't attractive at all. I think they could do very well if they keep producing superior flower, but will they get their financial house in order?
Comment by KozmoT on May 02, 2021 4:41pm
You do understand they have 350,000,000 shares out and their facility is a 10kSqFt Mom and Pop microfacility with an unknown canopy size but likely only between 2000 and 5000 sg ft?   Do the math.
Comment by bucheroncapital on May 02, 2021 4:58pm
We could add they don't own anyhing , except a company that ownes a licence , no land, no infrasturcture no brick and mortar. They can't report any audited financials, they invested 700,000$ in shares of a ghost compay that doesn't have an adress or a web site (Yunify), they bought an invisible candy company.  And now they would like other grower to grow weed for them... With 350 ...more  
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