Post by
Gilbert90 on Nov 22, 2018 11:30am
MMCAP
I don't know if somebody knows that MMCAP a Grand Cayman (Fiscal paradise) owns 12,7% of FIRE trough debenture, warrants and common shares??? The same MMCAP that owns 18,3% of Wayland (former Maricann). I knew that investissment fund were active in buiyng warrants and debenture of cannabis compagnies but I didn'T knew they were that deep in middle size cannabis compagnies. Don't know if it is a good or bad thing.
Comment by
nearnorth101 on Nov 22, 2018 11:35am
https://www.worky.com/company/mmmcap-asset-management
Comment by
Gilbert90 on Nov 22, 2018 12:10pm
@ nearnorth101 : Thank you, this link was very helpful to understand the shorters on another cannabis compagny (Wayland)
Comment by
ComeFromAway on Nov 23, 2018 8:53am
Your post got me searching for a decent article on MMCAP. The Financial Post had a great article in June of this year that clearly explains what has been happening to Supreme share price. Read it all. It's worth the time. https://business.financialpost.com/cannabis/how-a-handful-of-hedge-funds-cornered-cannabis-financing-and-made-a-killing-in-the-process