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Cannara Biotech Inc. (LOVE.V)
TSXV - TSXV Real Time Price. Currency in CAD
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At close: 2:32PM EDT
565 reactions on $LOVE.V conversation
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Profitable already. With all the potential at Valleyfield still to be realized. The market will catch on eventually.
is the Q3 coming this week?
I don't think people here realize just how much value Cannara picked up when they bought the Valleyfield greenhouse. The potential is enormous. Kudos to management for making the smartest deal I've seen by any LP anywhere ever.
this is gonna explode... just wait n see
Why does that stock is freezed at 0.17$ ?
Any smart and relevant answer? I don't get it.
Hi guys, what kind of move do you expect with the coming financial report this month?
I'd LOVE to see a plan from Cannara re. Valleyfield now, when the dust settled after the acquisition.
This is my compagny
Cannara Biotech Inc. Completes Additional $5 Million Private Placement:
Cannara has closed an additional $5 million private placement at an issue price per share of $0.18, resulting in the issuance of 27,777,778 new common shares in the capital of the Company.
Why is fidelity trying to charge a $50 fee to buy this stock ?
I like a lot about this company, but it is SO diluted.
TGOD payed 225 millions to build the building that Cannara has bought from them, for the price of 27 millions. That is just crazy. 1 mil square foot of an industrial building that cost 100$/sq ft with a quantity discount included. They made good money with that deal of real estate. I’m pretty bullish about that stock in the mid-term. I will hold my 252k shares.
Cannara Biotech Inc. Reports Preliminary Results Ahead of Third Quarter 2021 :
Preliminary Third Quarter 2021 Highlights
The Company expects total revenue, net of excise tax, for the third quarter ended May 2021 to be approximately $7.1 million, representing a $5.1 million increase compared to the second quarter of 2021.
Cannabis revenue, net of excise tax, from products destined for retail is expected to be in the range of $3.2 to $3.4 million for the quarter.
Cannabis revenue from wholesale supply agreements is expected to be in the range of $2.8 to $2.9 million up from $1.1 million the previous quarter.
Results were driven by strong consumer response to premium-quality cannabis launched at disruptive pricing in March 2021, as well as increased demand for product through our wholesale supply agreements.
added another 40000 yesterday at .17 future bodes well for them.
Is this #$%$ gonna move anytime soon?
yes it made it to 18c, if it goes to 18.5c ... bingo
boys, 125 000kg a year sold with 3.5g/24.20$ would mean 864 000 000 $ as a gross income, even if the official number is 100 million lower, this is still extremely huge! don't forget that when quebec won't be suffisient for the quantity cannara can provide, cannara will sell in ontario and the rest of canada, and probably even the USA when they will all legalize, stay strong boys we are at the beggining of the curve ;)
125,000 kg annually! That's a lot! Revenues will be so nice!
That's 10416 kg a month!
Or 2604 kg a week!
Or 372 kg per day - constant - indoor quality stuff!!!
Smells like money to me! Buy and hold friends! Going to 0.50 soon ... pretty sure of that!
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