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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. > Why does everyone hate the Canopy deal?
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Post by RobinJay on Jul 19, 2018 2:04pm

Why does everyone hate the Canopy deal?

Genuinely curious. The market seems to be consolidating everywhere, and Hiku was picked up by a marijuana giant. I feel that being put into the cart with canopy will ensure that Hiku will be around 10 years from now. You'll get less shares, but having 1000 shares at a potential $4, compared to having 46 shares worth a potential $100.. Doesn't seem like the future is as dim as people have made it seem? Please shed some light for me. RJ
Comment by SmallBet on Jul 19, 2018 3:45pm
I think because simply put; they were worth more potential in the long run. Hiku could have been $5.00 or $10.00 on its own, or another small partner. on top of that, your founders/owners/management sold you out at a rock bottom price, when you had a better deal on the table. that's why. but yes, your point is true, Being swallowed up by Canopy "SHOULD" mean longevity. unless Canopy ...more  
Comment by rensoyka on Jul 21, 2018 10:46am
the only way that canopy will ever get near 100 bucks is if people turn out in droves to buy legal weed. personally I don't see it. the people who use their local dealer will likely stay there because of price point so it comes down to supplying the average working joe who may or may not be able to come up with the extra cash. are there really that many people out there who either used years ...more  
Comment by LeafRider on Jul 23, 2018 12:33pm
This post has been removed in accordance with Community Policy
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