Hiku Brands Company Ltd. DJACF

Canopy Split

[Gtboy]

I was wondering. Are we going to benefit from the Canopy split? I figured that we should. The way I see it is that if your shares suddenly is valued $20 or $25 after the split rather than $40 or $50 that would not be fair if you dont benefit from the "free" shares.

Does anyone know?

[RobinJay]

Yes, we should. The deal is based on the closing price of both companies stock prices on July 9th. The closing price of Canopy that day off the top of my head was in the 42.00 range. So we will recieve 0.046 of a canopy share. And if/when they split, our shares will also be split. So I believe they would be in violation of the deal otherwise. Besides, we well may convert to Canopy before the split

[Gtboy]

Thanks for confirming. Thought as much

[CannabisTrading]

Have 2400 shares @ 4.21. If hiku split is for 1.90, should I be selling at current price 2.21 to minimize losses?? Won't break even until canopy hits $80, so figured it might be better to sell a loss with hiku before the split where I might be at a bigger loss