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Cannabis Stocks News

6/22 2:32pm
ABBV

Is AbbVie Inc (NYSE:ABBV) A Buy At Its Current PE Ratio?

T
his analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between AbbVie Inc (NYSE:ABBV)’s fundamentals and stockRead More...
https://finance.yahoo.com/news/abbvie-inc-nyse-abbv-buy-183211368.h...
6/22 10:53am
ABBV

Top Research Reports for Procter & Gamble, AbbVie & IBM

Research
T
op Research Reports for Procter & Gamble, AbbVie & IBM
https://finance.yahoo.com/news/top-research-reports-procter-gamble-...
6/22 10:30am
ABT

What You Must Know About Abbott Laboratories’s (NYSE:ABT) Financial Strength

Investment, Investors
A
bbott Laboratories (NYSE:BT), a large-cap worth US$109.29b, comes to mind for investors seeking a strong and reliable stock investment. Market participants who are conscious of risk tend to search forRead More...
https://finance.yahoo.com/news/must-know-abbott-laboratories-nyse-1...
6/22 7:34am
APH.V

Is a New Breakout Brewing in Aphria Inc?

submittedby/u/sipadandreamer[link][comments]
https://www.reddit.com/r/weedstocks/comments/8t0mjw/is_a_new_breako...
6/22 7:17am
TWMJF

Tweed joins Pride Toronto to celebrate progress, fight stigma, and build a more inclusive world for all

submittedby/u/170807[link][comments]
https://www.reddit.com/r/weedstocks/comments/8t0j7n/tweed_joins_pri...
6/21 7:05pm
BNRDF, TWMJF

The 'PennyPotStock' thread.

W
elcome to the green rush for all those who believed in it. ;) I have been following the market for 6 years now and made my limited gains as a student with low start capital.From entering Bedrocan/Tweed years ago (and unfortunately selling too early due to life urgencies), foreseeing the rise of at least 8 IPO's that trade on reasonable exchanges today, being an activist for 8 years but also former biomedicine and biochemistry student - we now have arrived to the the phase of local market establishing and upcomming consolidation in newly opened markets (like Africa). I urge to look into international markets (outside of Canada), and really would appreciate advices and stock picks for this. I am well informed about Israel (but your thoughts are welcome) and USA, however less about especially Africa, Asia and South America. Of course the North American companies has already somewhat moved into Africa and to lesser degree South America, however absolutely nothing on Asia (Australia excluded), which surprises me. - Now the big question is, which stocks are the next huge gainers? Share your best thoughts and picks, discuss the best strategies, disclose the worst pump/dumb cases, and remember - knowledge is everything! Keep it high! submitted by /u/TheRelieved [link] [comments]
https://www.reddit.com/r/weedstocks/comments/8swg5b/the_pennypotsto...
6/21 5:38pm
IGC

IGC Announces Financial Results for Fiscal Year Ended March 31, 2018

Manufacture
B
ETHESDA, Md., June 21, 2018-- India Globalization Capital, Inc. announces financial results for the fiscal year ended March 31, 2018.. “In fiscal 2018, the Company’ s focus was to develop, manufacture, ...
https://finance.yahoo.com/news/igc-announces-financial-results-fisc...
6/21 3:48pm
APH.V

Would you switch from Canadian to American cannibus companies?

W
e’re seeing history in the making but what if you could go back in time and find aphria and aurora and cronos before they skyrocketed? There are obvious long term gains in these and other Canadian cannibas companies, but with the US market dwarfing the Canadian market, would you start pivoting towards American cannibas companies? And if so which ones? I’m already heavily invested in TGIF and IAnthus. submitted by /u/mickelanjelo [link] [comments]
https://www.reddit.com/r/weedstocks/comments/8suxml/would_you_switc...
6/21 3:21pm
APH.V

Breakout Alert: Aphria Inc Poised To Move Significantly Higher

submittedby/u/MidasLetterGuy[link][comments]
https://www.reddit.com/r/weedstocks/comments/8suq00/breakout_alert_...
6/21 12:31pm
CSE:HC

High Hampton Acquires Cannabis Distribution Hub in the City of Cudahy through 420 Realty, LLC

Cannabis, Distribution
submittedby/u/170807[link][comments]
https://www.reddit.com/r/weedstocks/comments/8stb5d/high_hampton_ac...
6/21 11:19am
CARA

Drugs from Heron Therapeutics and two other biotech companies can boost your investment returns by reducing opioid abuse

Investment, Investments, Investors
H
eron Therapeutics, Cara Therapeutics and Alkermes are discovering novel replacements for dangerous opioidsAbout 2.1 million people in the U.S. suffer from opioid abuse. While investors are focused on trade wars as a potential threat to their wealth, drug abuse may be the bigger risk. Fortunately, three biotech companies are coming to the rescue, which makes them good investments.
https://finance.yahoo.com/m/8c09a5bf-5076-3bff-a872-77d6dd7f73df/dr...
6/21 8:39am
ABBV

Benzinga's Daily Biotech Pulse: AbbVie Launches New Pediatric Humira, IPO Deluge Hits The Street

Pharmaceuticals
H
ere's a roundup of top developments in the biotech space over the last 24 hours. Scaling the Peaks (Stocks hitting 52-week highs on June 20) Agios Pharmaceuticals Inc (NASDAQ: AGIO )(announced initiation ...
https://finance.yahoo.com/news/benzingas-daily-biotech-pulse-abbvie...
6/21 8:00am
CARA

Complimentary Technical Snapshots on Celgene and Three More Biotech Stocks

F
our stocks have been lined up for today's assessment, and they are: Calithera Biosciences Inc. (CALA), Cara Therapeutics Inc. (CARA), Celgene Corp. (CELG), and Celldex Therapeutics Inc. (CLDX). Shares in South San rancisco, California headquartered Calithera Biosciences Inc. jumped 5.53%, ending Wednesday's trading session at $5.25. The stock recorded a trading volume of 552,298 shares, which was higher than its three months average volume of 426,620 shares.
https://finance.yahoo.com/news/complimentary-technical-snapshots-ce...
6/21 8:00am
AMFE

Amfil Technologies Inc. (AMFE) Provides Update on Snakes & Lattes Inc. Expanding Retail, Distribution, and Publishing Operations

Distribution, Investment
,
June 21 2018 (GLOBE NEWSWIRE) -- Amfil Technologies Inc (OTC Pink: AMFE) is pleased to provide shareholders and the investment community with multiple updates/announcements relating to the expanding operations of Snakes & Lattes Inc. Morning Publishing and discussion relating to the company’s ongoing audit process. The company continues to rapidly expand on multiple fronts with key growth-related accomplishments being achieved on a regular basis. Over the course of the past year the company has essentially doubled in size with ‘Midtown’ now online and the first location in the USA coming online in approximately 6 weeks.
https://finance.yahoo.com/news/amfil-technologies-inc-amfe-provides...
6/21 7:48am
BMY

Is Nektar Therapeutics Still a Good Bet Despite the Correction?

Investors, Research
N
ektar Therapeutics (ASDAQ: KTR) is a clinical-stage biotech research company that develops drugs for cancer, auto-immune diseases, and chronic pain using its PEGylation and polymer conjugate technology platforms. Earlier in Feb 2018, ektar secured a deal with Bristol-Myers Squibb (ASDAQ: BMY) to co-develop KTR-214, where BMY has agreed to pay $1.85 billion in a cash plus stock deal as payment to ektar, as a result of which ektar has not failed to leave investors’ radar. Here we use TipRanks data to take a closer look at what Wall Street’s top analysts see in store for this volatile stock.
https://finance.yahoo.com/m/7a9eeedf-0e4d-3aa1-b530-d729530fd93a/is...
6/21 7:35am
CARA

Factors of Influence in 2018, Key Indicators and Opportunity within Camden National, Cara Therapeutics, Albany International, Emerge Energy Services LP, Fiesta Restaurant Group, and Resources Connection — New Research Emphasizes Economic Growth

Investors, Research
N
EW YORK, June 21, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Camden ...
https://finance.yahoo.com/news/factors-influence-2018-key-indicator...
6/21 7:28am
ABBV, BMY

Initiating Free Research Reports on Bristol-Myers Squibb and Three Other Drug Makers Equities

Research
N
orth Chicago, Illinois-based AbbVie Inc.'s stock finished Wednesday's session 0.24% higher at $98.25 with a total trading volume of 4.68 million shares. The Company's shares have advanced 37.95% over the past year.
https://finance.yahoo.com/news/initiating-free-research-reports-bri...
6/21 7:03am
APH.V

Aphria's Malta-based subsidiary, ASG Pharma, receives first import license for cannabis issued by the Malta Medicines Authority

Cannabis
submittedby/u/haCkFaSe[link][comments]
https://www.reddit.com/r/weedstocks/comments/8sqy15/aphrias_maltaba...
6/20 9:25pm
APH.V

Production KG list at Oct 17th

Production
I
’m thinking about who will have what amount of production ready for October 17th. Canopy, Aphria, ACB(w/LEAF), HKU/WEEDMD, OG ... think have the first five correct. submitted by /u/Akia55at [link] [comments]
https://www.reddit.com/r/weedstocks/comments/8snt98/production_kg_l...
6/20 8:19pm
APH.V

What company is 2017-esque on the U.S. side?

I
think the US will follow with legalization on federal level but probably not before 2022. However do believe the talk will start next presidential election cycle. Which companies are following a similar pattern on the U.S. side as canopy aphria ? The US will be a juggernaut when it legalizes. submitted by /u/unsung_pleb [link] [comments]
https://www.reddit.com/r/weedstocks/comments/8sndw5/what_company_is...
6/20 6:15pm
ASX:PLY

HVT - a closer look

A
quick look through the financial statement ended 31 March 2018 reveals 105,949,749 outstanding common shares.... On pril 26 2017, the Company acquired MMJ PhytoTech Limited (“MMJ”)... In connection with the cquisition, the Company completed a $25,000,000 private placement, by issuing 33,334,000 Units of the Company at $0.75 per Unit. Each Unit consisted of one common share and onehalf common share purchase warrant. Each whole warrant entitles the holder to acquire one common share of the Company for an exercise price of $1.00 per share for a period of 36 months from issuance.... In fairness I didn't read on but I just wanted to know what your thoughts are having learned this. submitted by /u/Itsallunderhand [link] [comments]
https://www.reddit.com/r/weedstocks/comments/8smivm/hvt_a_closer_lo...
6/20 6:04pm
APH.V

FP Live: Interview with Victor Neufeld CEO of Aphria and Brad Rogers President of CannTrust Inc.

submittedby/u/paisleyno2[link][comments]
https://www.reddit.com/r/weedstocks/comments/8smg16/fp_live_intervi...
6/20 2:45pm
ARNA

Is Arena Pharmaceuticals Inc (NASDAQ:ARNA) As Strong As Its Balance Sheet Indicates?

Pharmaceuticals
S
mall and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Arena Pharmaceuticals Inc (NADAQ:ARNA), with a market cap of U$2.44B, often getRead More...
https://finance.yahoo.com/news/arena-pharmaceuticals-inc-nasdaq-arn...
6/20 12:54pm
CARA

These companies’ drugs can boost your investment returns by reducing opioid abuse

Investment, Investments, Investors
H
eron Therapeutics, Cara Therapeutics and Alkermes are discovering novel replacements for dangerous opioidsAbout 2.1 million people in the U.S. suffer from opioid abuse. While investors are focused on trade wars as a potential threat to their wealth, drug abuse may be the bigger risk. Fortunately, three biotech companies are coming to the rescue, which makes them good investments.
https://finance.yahoo.com/m/8c09a5bf-5076-3bff-a872-77d6dd7f73df/th...
6/20 11:11am
^MMJ

Marijuana stocks are surging after Canada legalizes the drug

M
arijuana stocks are surging after Canada became the second country in the world to legalize the drug. The Canadian arijuana Index was up 3.34% ...
http://www.businessinsider.com/cannabis-legalization-in-canada-mari...
6/20 10:08am
BIO, SITS

What are your not often talked about plays, and why? (QCC & BE)

Distribution, Food, Growers, Investing, News, Seed To Sale, Tracking, Information Systems
W
hat stocks are you investing in that don’t get much attention around here? Let’s hear about them, and why. Please avoid posting fluff like “FIRE, because it’s FIRE”. Here are mine: QCC - not oft mentioned here, but the essential shovel and pick play for this green rush. ith the news coming out today/ yesterday I could anticipate some shops news from them. Speaking with the investor relations gentleman he mentioned that they are in talks with a number of growers - local, American and internationally for equipment sales and full lab build outs. Their desk with Schneider electric brought in some good revenue for the cybernetic side of their business. Could he be just doing his job and fluffing? Sure. Only time will tell, but I like their CEO Rosy and think this could be a really strong play long term. BE - solid smaller cap, they will be opening a storefront in Saskatchewan. They have a good team - with Chris Murphy being a stand out. From his bio located on their site “He sits on the board of directors of Star Produce Ltd., one of Canada’s largest distributors of fresh fruit and vegetables with more than 100 offshore programs and 200,000 square feet of refrigerated distribution space. Mr. Murphy brings to Beleave a wealth of experience in logistics, food safety, greenhouse operations, and information systems capable of tracking product from seed to sale.” I do hold both of these companies. submitted by /u/BroocePain [link] [comments]
https://www.reddit.com/r/weedstocks/comments/8sil9b/what_are_your_n...
6/20 9:38am
EAPH

Easton Pharmaceuticals Announces New Director / Officer to Its Board and Updates to Business Direction

Management, Pharmaceuticals
A
s a result of recent developments and announcements with Easton’s JV partner, 1124123 Ontario Limited, operating as lliance Group, where it announced that revenues have commenced on its Georgina property, located just north of Toronto, Ontario, Canada, Easton has made the decision to appoint Vince Demasi to Easton’s board of directors and management team. Mr. Demasi has accepted the position of Chief Operating Officer.
https://finance.yahoo.com/news/easton-pharmaceuticals-announces-dir...
6/20 9:00am
ABT

Abbott Hosts Conference Call for Second-Quarter Earnings

A
BBOTT PRK, Ill., June 20, 2018 /PRNewswire/ -- bbott (NYSE: BT) will announce its second-quarter 2018 financial results on Wednesday, July 18, 2018 , before the market opens. The announcement will ...
https://finance.yahoo.com/news/abbott-hosts-conference-call-second-...
6/20 9:00am
AGTK

Agritek Holdings, Inc. Applauds Move By Canada That Just Legalized Marijuana Bringing Big Implications And Paving Way For New US Drug Policy

Cannabis, Real Estate
A
gritek Holdings, Inc. (OTCQB: GTK) www.gritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector in the United States and Canada, today proudly announced Canada has become the first wealthy nation in the world to fully legalize marijuana. The Senate approved Bill C-45, also known as the Cannabis ct, on Tuesday. The measure was already approved by the House of Commons, so the Senate’s approval means it’s now set to become law.
https://finance.yahoo.com/news/agritek-holdings-inc-applauds-move-1...
6/20 9:00am
DIGP

Digipath Labs Awarded Emerald Test Badges for Proficiency in Cannabis Potency and Contaminant Testing

Cannabis, Food, Media, Testing
L
AS VEGAS, June 20, 2018 /PRNewswire/ -- Digipath, Inc. (DIGP), a service-oriented independent testing laboratory and media firm focused on the developing cannabis market, is pleased to announce that it was awarded Emerald Badges for its performance in the Spring 2018 Emerald Test for proficiency in a variety of cannabis tests, including potency in oil, heavy metals, terpenes, microbial 1 (quantitative), microbial 2 (qualitative salmonella), shiga-toxin expressing E. coli (STEC), aspergillus mold, and mycotoxins. The Emerald Test™ is an Inter-aboratory Comparison and Proficiency Test (IC/PT) program for cannabis testing labs. It brings to the cannabis industry a well-established standard for testing in the environmental, food, pharmaceutical, water, and petrochemical testing industries.
https://finance.yahoo.com/news/digipath-labs-awarded-emerald-test-1...
6/20 8:30am
VSYM

View Systems, Inc.'s (VSYM), Medical Therapeutics Reports Agreements with Major Credit Facilities

Facilities
B
ALTIMORE, MD, June 20, 2018-- View Systems, Inc. today announced that its new medical division, Medical Therapeutics, a concierge medical service providing sexual health therapies, has been approved by ...
https://finance.yahoo.com/news/view-systems-inc-vsym-medical-123000...
6/20 8:30am
ACAN, NGMC

AmeriCann Partners with C3RN to Conduct Scientific Cannabis Research in Massachusetts

Cannabis, Processing, Products, Research, Cultivation
D
ENVER, CO / ACCESSWIRE / June 20, 2018 / AmeriCann, Inc. (OTCQB: ACAN), an Agricultural-Technology company that is developing the next generation of eco-friendly state-of-the-art greenhouse cannabis cultivation and processing properties, announced today that it is formally partnering with Cannabis Community Care and Research Network (C3RN), a Massachusetts-based public benefit corporation focused on cannabis research and technology. C3RN is collaborating with leading academic institutions, data scientists, the cannabis industry, and healthcare providers to conduct rigorous cannabis research studies and to implement evidence-based findings into practice. AmeriCann, through its Preferred Partner BASK, Inc. ("BASK"), will design and conduct research studies with C3RN and its academic and healthcare partners to better understand the therapeutic benefits of cannabis and improve product offerings including AmeriCann's Solanna line of products.
https://finance.yahoo.com/news/americann-partners-c3rn-conduct-scie...
6/20 7:02am
APH.V

Aphria Applauds Passage of Bill C-45, a Historic Milestone for Canada and the Cannabis Industry

Cannabis
submittedby/u/170807[link][comments]
https://www.reddit.com/r/weedstocks/comments/8shedu/aphria_applauds...
6/20 3:00am
FCUUF

Fission Summer Program to Focus on Completion of Pre-Feasibility Study

Consulting, Development, Management
F
ISSION URANIUM CORP. ("ission" or “the Company") is pleased to announce preparations have begun for a $6.4M summer work program at its award-winning PLS project in Canada's Athabasca Basin. The summer field program is designed to complete all remaining resource and geotechnical drilling required for a pre-feasibility study. The post- field program will focus on compilation of all technical inputs in order to complete and deliver a “PS” expected by Q4 2018. The delivery of a “PS” is a key milestone for the potential of eventual mining at PLS. ission has retained Roscoe Postle Associated Inc. “RPA” to serve as the lead consultant for the completion of a PS and to author a NI 43-101 Technical Report to support the disclosure of the PS. RPA will directly carry out the mine development plan and provide overall project management services to oversee and coordinate inputs from all technical contributors to the PS. RPA will be supported by several highly-regarded engineering and consulting firms that have relevant specialization and experience in geotechnical, metallurgical, environmental aspects of large scale uranium mining operations in northern Saskatchewan, many of which have a long-term working relationship with ission and the PLS project.
https://finance.yahoo.com/news/fission-summer-program-focus-complet...
6/19 7:33pm
BLOZF

Thoughts on BLOZF?

Investing
S
o I wanted to ask the weedstock community what your thoughts are on BLOZF? Anyone investing in them for the long term? Thanks! submitted by /u/Tylergame [link] [comments]
https://www.reddit.com/r/weedstocks/comments/8sdky5/thoughts_on_blo...
6/19 4:22pm
APH.V, ASX:CMY

Impending APH News

Investment, Investors, News, Oils, Cultivation
S
o eventually the market is going to wake up and realize the fruits of Aphria's labor over the past 7 months. I know as a sub we have plenty of diligent investors, so am looking to discuss impending news that is likely to occur upon the closing of the bought deal. Hopefully this bought deal is done sooner than later, as supposedly it was oversubcribed by 100%. Its utterly amazing that Aurora continues to rise, with continual dilution and a projected.....wait for it....1 billion shares in August. The crazy part of that is Aurora's projections include 270,000 kgs (un & Nordic), of which it is still in the planning stages. Anyway. Back to the real focus. What impending news should blow this thing open? hould be literally non-stop once this gets going. - Closing of bought deal. Potential upsize to $250 million. - July 11 4Q earnings report....Includes full quarter of Broken Coast + Nuuvera. - Columbia Land Purchase + $20 Million Investment + Further Partnership w/ Colcanna - 4 oftgel Capsules Release (ummer 2018 Release Per Investors Deck) - 1 Topical Oils Release (ummer 2018 Release Per Investors Deck) - Additional Rec. Brand Release - Beverage Partnership (TBA Per Investors Deck) - Italy, Regulatory Approval For Import & Cultivation - Malta, Additional Developments - Finally, Aphria one completion, and fully licensed (Projected Fall 2018) What else?!?! Just these alone puts us at 1 press release/week from July to Mid-eptember. And of course, if the Nuuvera deal was all its meant to be, we should see some progress in Israel, Germany, or Portugal. submitted by /u/enice5555 [link] [comments]
https://www.reddit.com/r/weedstocks/comments/8sc4w5/impending_aph_n...
6/19 4:00pm
ACAN, NGMC

AmeriCann CEO to Present at Massachusetts State House News Forum

Cannabis, Development, Investment, News, Processing, Real Estate Development, Cultivation, Real Estate
D
ENVER, CO / ACCESSWIRE / June 19, 2018 / AmeriCann, Inc. (OTCQB: ACAN), an Agricultural-Technology company that is developing the next generation of eco-friendly state-of-the-art greenhouse style cannabis cultivation and processing properties, announced today that CEO Tim Keogh will be speaking at State House News Forum "Massachusetts' Expanding Cannabis Economy" held in Boston, MA, on Wednesday, June 26, starting at 8am ET. Mr. Keogh will be speaking about the expanding cannabis industry's statewide potential, including investment, job growth, tax revenue, real estate and tourism. Tim Keogh, AmeriCann CEO, has spoken at cannabis industry conferences across the United States as an expert on topics including industry best practices, real estate development and the cannabis economy.
https://finance.yahoo.com/news/americann-ceo-present-massachusetts-...
6/19 11:50am
APH.V

Honest discussion about Aphria

Cannabis, Deals, Investment, Investors, Management, Production
T
his subreddit can often times be an echo chamber for the aphria pump. Disclosure: I own APH and ACB. So lets try to have an objective discussion about things holding aphria back right now. he entire sector took a beating the past 5 months, but none more so than Aphria. So lets discuss why? Some of the things holding aphria back right now imo are: he nuuvera deal is being viewed negatively by the market, prior to the purchase by aphria, nuuvera only earned 30,000$ in it's first 9 months of existence... Yet was bought for 425 million dollars. he way the nuuvera deal was laid out, was incredibly confusing and to this day the upside of the deal is still kind of confusing. A SIGNIFICAN portion of aphria's production capacity isn't scheduled for completion until 2019 People are worried that APH won't be able to secure a large enough market share in the early days of legalization WEED and ACB are securing supply deals left and right, whereas the only really big one announced for APH was the shoppers drug mart deal, and the expansion into south america which doesn't seem to be exciting investors. Management not disclosing their ownership of nuuvera prior to the nuuvera deal, and are being punished heavily for it by the market he timing of the bought deal Aph having a less than awesome reputation regarding the quality of their cannabis APH almost getting delisted on the SX for their liberty expansion in the US I still think APH is a great investment long term, but I just wanted to have a discussion about something that is NEVER discussed on this board. hat being.... Some of the drawbacks and risks of APH vs other LP's submitted by /u/Fuzzyfoot12345 [link] [comments]
https://www.reddit.com/r/weedstocks/comments/8s9x4y/honest_discussi...
6/19 11:50am
APRU

Apple Rush, Inc. Announces Bridge Investment into Thanks Again

Investment
A
pple Rush, Inc. (PRU) reports that it has made a strategic bridge loan investment of $125,000 into Thanks gain®, the leading card linking loyalty solution provider for the travel industry. Global airports, travel retailers and local merchants/attractions leverage Thanks gain’s loyalty and consumer engagement platform to make travel more rewarding for frequent business travelers and visiting tourists. Tony Torgerud, the CEO of pple Rush, Inc., comments, "We are enthusiastic about this bridge loan investment into Thanks gain.
https://finance.yahoo.com/news/apple-rush-inc-announces-bridge-1550...
6/19 9:51am
ASX:PLY

Help with some investment calculations

Cannabis, Growing, Investment, Investments, Research
H
ello my fellow weedstockers, I need your help with a rather simple question, that I might be too stupid for (pls don't upvote). I know arvest One Cannabis (VT) is pretty popular here. They look good, are growing nicely and could bring in some nice tendies. Now I started to research about VT a bit and I found out, that the Australian company MMJ PhytoTech Limited owns about 60% of VT, in addition to other cannabis focused investments. Currently, MMJ is traded on the Australian stock market for about 0.33 AUD, while VT stock is trading in Canada for around 0.76 CAD. MMJ has 221M outstanding stock, VT has 155M outstanding stock. And since MMJ owns 60% of VT, I would have to buy 2.38 shares of MMJ to equal about the same stake in VT compared to just buying one share of VT out-right. Now, with a price of 0.33 AUD per MMJ share, 2.38 shares will cost me about 0.79 AUD, which translates to 0.77 CAD. Funny, about the same price I pay for a single VT share. So we can see that the evaluation of the MMJ stock price is almost entirely based on the stake they have in VT. But, by buying MMJ stock, I also gain stakes in additional companies, as seen here: https://www.mmjphytotech.com.au/portfolio/ Why should I buy VT stock, when I can get equal parts of VT by just buying MMJ, plus all those additional projects? What am I missing? Or am I just completely wrong in my assessment of MMJ and VT shares? Where is the obvious mistake I must have made? Please help me!!! submitted by /u/w0mbat3 [link] [comments]
https://www.reddit.com/r/weedstocks/comments/8s90kg/help_with_some_...