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Bullboard - Stock Discussion Forum Hiku Brands Company Ltd. DJACF

"Hiku Brands Company Ltd, formerly knwon as DOJA Cannabis Co Ltd is engaged in handcrafted cannabis production and building a portfolio of iconic, engaging cannabis lifestyle brands. Its cannabis brands include DOJA, Tokyo Smoke, and Van der Pop."

OTCPK:DJACF - Post Discussion

Hiku Brands Company Ltd. > HIKU merger presentation
View:
Post by Ktownskid on Apr 25, 2018 11:13am

HIKU merger presentation

Can someone tell me why the stock has not been going up since the transaction with Weed MD? To me HIKU now has all the tools, if not more, to compete with all the plus a billion dollar cannabis companies.

50,000 kg of production by mid next year and 20-30 reatil stores by the end of 2018. 50,000 kg of sales is probably $200 million to $250 million in sales plus 20 retail stores doing $2 million a year per store is $40 million in sales.

If HIKU did 25% of those sales what would HIKU's share price be? 

Canopy did $21.7 million in sales last quarter and their company is valued at $5.6 billion!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


https://www.dropbox.com/s/oryz2tm0gxbk756/PROJECTMAC_WORKINGDRAFT_APRIL19_V8.pdf?dl=0

https://www.dropbox.com/s/oryz2tm0gxbk756/PROJECTMAC_WORKINGDRAFT_APRIL19_V8.pdf?dl=0
Comment by Kirklandspecial on Apr 25, 2018 11:32am
does $80 million in sales (not profit) constitute a 5.6billion dollar evaluation?@ The hype is over for now and there arent the dumb foolish investors throwing money at it in hopes for easy quick money.@ @Smart money is staying away till it completely bottoms out.@ We are on the brink of a downtown in the economy as the cycles usually last 7yrs and we are well past that.@@ Thats my opinion
Comment by DSEEGS on Apr 25, 2018 11:51am
SAME REASON WHY ACB IS DOWN SO MUCH SINCE GOBBLING UP CMED ----SAME REASON WHY APH HAD TEN RED DAYS IN A ROW AFTER ACQUIRING NUU----FOR MD THE MARKET SEEMS TO APPROVE OF THE MERGE WITH THE SP JUMP THEY HAD -AS FAR AS HIKU POSSIBLY THE BONUS SHARES HIKU GAVE UP WAS TOO STEEP OR THE TEMPORARY DILUTION ----IMO THESE ARE TEMPORARY SETBACKS----SHORTTERM PAIN FOR LONGTERM GAIN
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