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Bullboard - Stock Discussion Forum Goodbody Health Ltd GDBYF

Goodbody Health Ltd is a wellness company operating in both COVID testing in the United Kingdom and as a vertically integrated cannabinoid CBD company that operates in the United Kingdom and the European Union. It has interests in COVID testing clinics, CBD extraction, wholesale bulk isolate, and distillate sales, retail CBD and white label sales, cannabinoid laboratory testing, and medicinal... see more

GREY:GDBYF - Post Discussion

Goodbody Health Ltd > Good news
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Post by Uknowit on Apr 21, 2020 4:33pm

Good news

Stillcanna and the Sativa Group

Great news imo. They will now have their supply channel and this is a far better deal than with Mota. Not to mention this will leave them with over 10 million in cash. Yes there will be dilution but I've seen many companies do very well with 3-500 mil OS shares. 

Stil was always well positioned for cash but this will be additional insurance that they will be able to outlast any other up and coming CBD companies through the Covid crisis we are currently faced with. Isolate prices are increasing and there will be far fewer farm producers jumping on the hemp bandwagon this year as most got burned in 2019. This all points to more prosperous times ahead imo. Fighting a head cold right now and I'm pretty groggy but I hope I've made my points clear. 
Comment by madhunky on Apr 21, 2020 4:54pm
Sativa stock closed today at 2.75 GBX {pence sterling} which equates to .05 cents Canadian. Should be interesting to see what the financial deal will be- stock swap or cash and how it wil affect Stillcanna share price. Hmm. Get better Uknowit and hope it's not you know what.
Comment by Desteek on Apr 23, 2020 5:52am
Hi there,  I am an Stillcana stockholder as well. Good news that they have the intention to aquire Sativa. Would be great after having a deal with Dragonfly as well. Once the Covid thing is over, or part of normal life, the CBD business should improve. Nice times look to come here. One thing that I write you for, 2.75 GBX is $4.80 CAD
Comment by madhunky on Apr 23, 2020 9:40am
Desteek, I'm not sure, but I think the partnership with Dragonfly is pretty much dead as Stillcana is sueing them for breach of contract. Hopefully they can resolve the situation but who knows. Stillcana probably making the deal with Sativa as an alternate to Dragonfly for distribution from the Origin plant. As far as the currency values, you are incorrect. GBX is pence sterling, not pounds ...more  
Comment by Ompton1234Wello on Apr 24, 2020 11:47pm
What I'm hearing Dragonfly Aka the Bulgarians ripped Sticanna off for $1million USD and these guys came from Howe Street. Welcome to the world of the Gypsy.