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Bullboard - Stock Discussion Forum
Hiku Brands Company Ltd.
DJACF
Healthcare
Biotechnology
Drug Manufacturers - Specialty & Generic
Cannabis
"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."
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OTCPK:DJACF - Post Discussion
Hiku Brands Company Ltd.
> what will happen after the merger
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•••
Beatkeepa
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Post by
Beatkeepa
on Jun 26, 2018 7:35pm
what will happen after the merger
Hiku will issue approximately 142 million Hiku Shares in exchange for the WeedMD shares to be exchanged pursuant to the Transaction
what do you think this will do to the share price if the vote passed in favor for the merger
source
https://m.nasdaq.com/press-release/clarification-and-retraction-hiku-brands-and-weedmd-to-merge-in-transformational-transaction-to-20180419-01184
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MatrixDweller
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Comment by
MatrixDweller
on Jun 26, 2018 11:43pm
it's not like they are dilluting Hiku with worthless stock. You would thing the market cap should be close to what the two companies are combined. If they make it work it should increase SP.
(474)
•••
DSEEGS
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Comment by
DSEEGS
on Jun 27, 2018 12:25am
Short term dilution could hurt -but I think we like to focus on the bigger picture -- -the M's in tha bank -,650ksqft, scalable hybrid Ontario greenhouse - 20k kg ready for rec , -- The shoppers supply agreement --3000 senior beds supply agreement - high probability of an OCS contract not to mention the 30 +dispensaries in 4 diff provinces we announced recently -** check a few
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