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Bullboard - Stock Discussion Forum Green Growth Brands Inc GGBXF

Green Growth Brands Inc is engaged in the healthcare business. It is a cannabis retail company operating worldwide. The company's brand profile include CAMP, CBD, Meri + Jayne, and others. It has two operating segments; the cultivation, production, distribution and retail selling of cannabis products, and the production and selling of CBD-infused personal care products through retail, digital... see more

GREY:GGBXF - Post Discussion

Green Growth Brands Inc > What is the future of Xanthic?
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Post by Bibi1976 on Sep 10, 2018 9:53am

What is the future of Xanthic?

I'm pretty new here and I was wondering what is happening with this company....I lost a lot of money and I was wondering if I should sell my stocks or if there is some hope that it will raise again...
Comment by billybonk on Sep 10, 2018 11:59am
It's been acquired by GGB.  Once the trading halt is lifted the shares will move up.  Be patient,  we should all do well.
Comment by Prest1122 on Sep 20, 2018 12:23pm
Can't find GGB anywhere. Where does it trade ? thanks
Comment by Styles76 on Sep 21, 2018 8:08am
GGB was privately held and bought Xanthic for the market listing and the product portfolio, it should trade a XTHC once they resume trading There's a bit more about them here -> https://mjbizdaily.com/ohio-cannabis-firm-charts-international-growth-path-74m-deals/
Comment by Greede on Sep 21, 2018 10:49am
I presume the ticker will be changing because XTHC doesn't even show up on some finance sites anymore. Slowest deal close ever.  Guys, get your act together and catch up to the sector!
Comment by JackStrate on Sep 21, 2018 12:23pm
I have not received anything in the mail yet, so I think it is still going to be a while.
Comment by Styles76 on Sep 21, 2018 5:54pm
The source itself (the CSE) is still listing it as XTHC ( >CSE ), so I don't think the ticker is going to be changed. Agreed - this is a ridiculously slow deal closing. Could be something to do with an American company doing an RTO of a Canadian company. Extra red tape, currency conversions, Trump... who knows... Let's hope the bump comes quickly.
Comment by Papermaker61 on Sep 10, 2018 5:34pm
Hello, Kinda reluctant to give out advice with all the bashers out there but, I've been following Xanthic (formely Aurquest) since last November. This stock is a keeper. Green Growth Brands has taken over and they are backed by the Schottenstein family out of Columbus Ohio, best known for DSW and American Eagle Outfitters. You'll soon be receiving paperwork to fill out concerning the ...more  
Comment by JackStrate on Sep 11, 2018 11:19am
Thanks for the post.  I have a lot of shares in this, over 125,000, bought at an average price of 18 cents.  It is safe to assume that trading will start as GGB with a price of $1.47 and we will have the choice at this point to sell or hold.  Price could go either way, hopefully it goes up, fast.
Comment by Papermaker61 on Sep 11, 2018 2:55pm
Great to see you loaded up on Xanthic. Bought in once at .175$ and then again at .24$, From what I understand, the 4.07 Xanthic for 1 GGB is the worst case scenario. Depending on how many shares GGB issues pre merger this could even be a 4 for 1 swap. The latest news recieved is on the following site.  https://www.newswire.ca/news-releases/green-growth-brands-to-acquire-xanthic-biopharma ...more  
Comment by billybonk on Sep 15, 2018 7:13pm
We should all do well with this acquisition.  I bought my first shares May 2nd and throughout the rest of May and  June right up to the halt July 13th.  I averaged down quite nicely so I'm looking forward to the halt being lifted and a bright future under the GGB name.  I've never sold any of my shares on no plans to sell.  Anyone have any thoughts on Xanthic ...more  
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