HEXO DD - The Next Big Cannabis StockMerger Closes Q3 2021
Shareholders Proposal in August 2021
HEXO Acquires Redecan.
www.globenewswire.com
“Redecan’s unwavering focus on the consumer, along with lean operating principles and highly efficient automated manufacturing technology, have allowed us to establish a significant presence in the Canadian market,” said Redecan co-founder Will Montour. “We’ve now entered a phase where scale is key, and our complementary consumer bases, brand portfolios and distribution relationships can enhance financial performance.”
Redecan brings leading manufacturing, automation and packaging capabilities, resulting in some of the most consistent, efficiently produced and innovative products in the industry. Its highly efficient proprietary pre-roll technology has supported some of the highest product gross margins in the industry.
seekingalpha.com
Redecan’s differentiated product portfolio includes top selling oils and capsules, and
leadership in the pre-roll category.
Key is Redecans best in class pre-roll automation of the Redees brand.
redecan.ca
Redees are the Hottest selling preroll in the Ontario Cannabis Store and always out of stock at the local cannabis stores.
Redecan Failed Acquisition.
Alta Vista was to acquire Redecan for 9.5 million in 2015 (before preroll advancements)
Redecan had Previous Acquisition partners in the past including Alta Vista Ventures
investingnews.com
And this tiny cannabis company caught the eye of Bloomberg back in Feb
www.bnnbloomberg.ca
How Redecan quietly became one of Canada's biggest pot companies
* Found by Rick Redekop
* one of the biggest cannabis producers in Canada
* doesn't really have a full-time CEO
* Brother Peter runs production side as well as members of the Hill family, who are behind the Grand River Enterprises tobacco empire, joined Redecan's ownership group.
* Grand River is privately owned cigarette manufacturer empire
* Redecan has no plans to tap public markets, despite getting frequent calls to do so
"If you asked me two years ago, having this unlimited bankroll that some of these other companies had, I would have said, 'Yeah, we would [have gone public.' It would have been nice to have a little bit more money to throw around,” he said. “But I think having that big wallet kind of backfired on a lot of people."
It’s important to understand Redecans history of finding the right deal. If Redecan doesn’t think the merger will work, I would expect a sharp turnaround in HEXO.
Prior Pot Stock Merger
TLRY ran up 172% over the next 30 days to its current support level after the announcement of a merger with Aphria.
TLRY ran another 238% over 26 days during Jan and Feb Gamestop meme stock rally.
Tilray
Market Cap: 7.5B
Shares 450M
P/S 14.10
HEXO
Market Cap: 875M
Shares: 122M
P/S 9.12
If Hexo can enter the US / EU markets It’s reasonable to speculate that HEXO can run to share price of of 16.50 (150% gains) over next 30 days similar to the 170% 30 day run Tilray and Aphria Merger.
PLEASE NOTE - This is NOT FINANCIAL ADVICE! I’m NEW to charting, research, analysis and all aspects of the stock market and equities. These are only my random ideas to learn how to prepare my own long term investments through due diligence.
Merger
$EEGI Launches New Website A/H's After Consolidation PT .15+$EEGI Which has been on a tear lately has been compared to $LTNC $TSNP $ENZC $HQGE and for good reason. The company has a plethora of verifiable DD and A/H's Friday dropped a recent bomb, which included a very sleek brand new website that will go hand in hand with its upcoming catalysts.
For more DD check out the tweet feed below and linked idea:
twitter.com
$VMHG Gets Approval for $10 Mil at $1 PO. PT still $10+An offering 2.5x above the current price is indicative of a major deal in hand. Look at a larger but comparable business; google.com We’ve been told and shown that $VMHG is working on their up-listing in addition to acquiring a manufacturing partner.
twitter.com
Click below for additional DD
$GABLF Merger with Mankind Cannabis to be Completed Soon PT: $5+Gaby Inc. Has been in merger talks with Mankind Cannabis for a few months now and it is anticipated to be completed very soon.
The company which is very active on social media and linkedin is in a prime position for the upcoming MJ rush. Will update further once the merger is complete.
twitter.com
twitter.com
$FTEG Insiders own 2 Bil Common Shares, Reinstated + Catalysts$FTEG's CEO and President owns more than 2,000,000,000 shares which gives them enough incentive to not enact a R/S anytime soon.
The company was reinstated on the 23rd of February: twitter.com
Looks like many catalysts should be coming own the pipeline as well: twitter.com
$BLUU .0007-.02 on 1st Run .0010 to ??? On 2nd Run Bkrptcy Exit$BLUU Which is in the process of exiting bankruptcy proceedings, has seen an epic run earlier this year from .0007 to .02 and seems to be gearing up for a 2nd even bigger run as the chart shows massive accumulation.
For updates on the case please access this link:
www.pacermonitor.com
~ Chapter 11 reorganization
~ Working on cleaning the BLUU shell up for future merger
~ New owners cleaning up shell
www.otcmarkets.com
~ New Filings on OTCM
www.otcmarkets.com
~ Intersection Capital: Raised more than $1 billion on behalf of our clients.
intersectioncapital.com
~ Plan is to retain all shares after BK but ultimately up to creditors.
~ In process now of getting court date
ACST RALLY?ACST is facing reverse split but they also have merger news. what is going to happen!? so exciting. lets find out!
$VMHG Creates Public Offering of $10 Mil at a $1.00$VMHG One of my favorite plays since our alert at around .15 earlier this year recently published a filing for a $10,000,000 offering at a price of $1 with a minimum investment from investors of $10,000
Filing: www.otcmarkets.com
The offering which is very bullish represents a valuation of twice the current price and puts the company in a good position to eventually up-list without a R/S with 50% of the proceeds of the offering going towards acquisitions and another large chunk going towards inventory.
Click the links below to go to more DD on $VMHG
PPS target still $10
$EEGI Has the Potential to Be the Next $LTNC $HQGE $HMBL $EEGI A recent gem that has captivated OTC traders lately has seem some tremendous growth this past week. And for good reason.
Similar OTC Stocks have seen a boom in trading activity since the start of the year and many with gigantic share structures have ran sky high. Several examples of these are $HMBL, $LTNC, $HQGE, $IMTL and $SHMP some of these even have double the float of $EEGI and ran to almost .10 and ones like $HMBL Pre R/S ran over a $1 with the same O/S as $EEGI
Not to mention $SHMP pre R/S same story.
With all that being said having dug into the storyline and DD of $EEGI I'm not saying it could hit a $1 but the potential for .10 or more is definitely there.
Let's dive into some of the rudimentary DD shall we.
Firstly, the CEO Joshua Egelston is also the COO of Xtreme Organics which merged into $SDNI which moved from .0040 to $6 granted the Float is small but the rest of the S/S is large.
Josh is also the CEO and Founder of Xtreme Sports Marketing: www.xtremesportsmarketing.com
XSM's Services Include:
1. Sports Marketing
2. Endorsements
3. Event Production and Sponsorship
4. Social Media Strategies
5. Performance Monitoring
6. Syndication
7. Content Creation
8. Athlete and Celebrity Alignment
9. Product Placement
10. Celebrity Strategies
XSM's Clients Include:
1. Redbull
2. NBC Sports
3. Universal Pictures
4. Sony Pictures
5. Valvoline
6. LA Lakers
President of the company Steve Smith is also the CEO of Xtreme Fighting Championships
Both executives are critically acclaimed and respected in their fields.
The company itself is working on becoming pink current and has a strong athletic network with ties to all niches of its market and strong representation. I would not be surprised to see some news about upcoming deals being made and filings to show what the company has been up to these last few weeks. As the buying shows, it seems groups are loading for the inevitable updates from the company.
More DD should be coming shortly and I will update on the progress of the company.
PPS Target as of right now---> .10+
Energy Transfer announced their merger with ENBL Worth $7BillionEnergy Transfer announced their merger with ENBL which overalls net worth was 2.7 Billion.
Rumors said it was completely undervalued as a company.
ET purchased them for $7 Billion.
Making the stock price of both of these companies undervalued.
by iCantw84it
ENBL stock price should more than Double by mid Year. Energy Transfer announced their merger with ENBL which overalls net worth was 2.7 Billion.
Rumors said it was completely undervalued as a company.
ET purchased them for $7 Billion.
Making the stock price of both of these companies undervalued.
by iCantw84it
THBR SPAC Semiconductor merging with Indie THBR is merging with semiconductor company called INDIE semiconductor. New ticker will be INDI.
This is for entertainment. Do your own due diligence. This is not a recommendation. I am not a financial advisor.
Price needs to be above $11 and break the trend line for fun to begin. Hopefully!
CNBC already covered this stock once
Bloomberg, Marketwatch etc.. could be the next.
Catalysts:
1. They make semiconductors for cars
2. Shortage of semiconductors
3. Biden pushing semiconductors' CEO's to meet the demand
4. They(INDI) already have product in the market, not like any other SPAC(with no product out yet)
5. Demand expected to be high in the future and analyst have price target for $17 already.
6. Merger date expected in few weeks or days.
7. If merger happens in few weeks or days, this will overlap with earnings of AMD and NVDA, which could hype semiconductors even more.
8. RSI is lower in number and reversal is likely.
QS and Ehang went above $100 with their SPAC deals, can THBR do the same and become a $80-$135 stock in few days/week? No one knows.
We need this quote- "SPAC is BACK"
$APOP and Quoin Pharmaceuticals Announce Strategic MergerCellect Biotechnology and Quoin Pharmaceuticals Announce Strategic Merger
Up to $25 million of funding at $75 million pre-money valuation to be available to the combined company concurrently with the merger
Cellect shareholders to retain 25% of the combined Company pre-funding
Quoin has secured $25 million in committed equity funding from Altium Capital, a highly regarded institutional healthcare investor.
Quoin has also negotiated an $18.5 million venture loan from a leading U.S. commercial bank.
Completion of the merger is subject to approval of the Cellect and Quoin shareholders and certain other conditions and is expected to close by the end of the second quarter of 2021.
$VMHG Breaks out on Volume as it preprs to test $5+ on Next Leg$VMHG Which has dropped all the necessary filings for Pink Current except the Attorney letter and has released news lately of partnerships and deals in South America for its Yacht business broke out of the consolidation downtrend today to close almost at HOD with a severely bullish candle.
The company is expected to go pink current after which news of any major deals in the works should come to light and be announced to the public.
The last year has seen a growing major demand for yachts and by no exception I anticipate Victory Yachts will profit greatly from that and we should see those results very soon.
www.cnbc.com
The anticipated PPS for the next leg is around $5-$7 then another major leg after that should take us past $10+
All IMO
SNCA Merger VotePer Delaware law the merger vote must have a majority of the shareholders agree, NOT just a majority of the shares voted, therefore not voting is the same as a NO vote
PLEASE SEND IN YOUR PROXY AND VOTE! Lost your proxy? Not sure if you had shares Feb 9th?' Call HERE:
The Proxy Advisory Group, LLC
18 East 41st Street, 20th Floor
New York, New York 10017
(212) 616-2181
$ANCN Announces Shareholder Approval of the Merger with ChemomabAnchiano Announces Shareholder Approval of the Merger with Chemomab and Prices $45.5M Private Financing
Anchiano shareholders approve all resolutions at shareholder meeting
The merged company is expected to receive approximate gross proceeds from the private financing of $45.5 million, which will be used to advance the Chemomab pipeline.
finance.yahoo.com
VACQ: Vector Acquisition and Rocket Lab mergerNASDAQ:VACQ
I spot a nice triangle (or wedge?) signaling a major breakout. No idea if it's to really to the upside but my guess is that it's going green. There's that recent announcement that Rocket Lab is going public via SPAC called Vector Acquisition (VACQ) is promising. This IPO could be a game-changer. I'm still researching the company but they seem to have a lot of potential. Who knows!
Do your own research. This isn't financial advice and I'm not a financial advisor. I am not a cat.
References: www.rocketlabusa.com
$VMHG Exclsve Dstribtion Deal Thrgh Subsidiary in South America$VMHG Has received exclusive development, distribution and service of ArmaCraft Delivery Crafts through its subsidiary Stealth Marine a new Government Military division will administer and strategize market introduction.
www.accesswire.com
ArmaCraft is a developer and builder of composite patrol vessels with market leading performance capabilities. Its new generation Trident program, ArmaCraft's most efficient and versatile submersible high-speed diver delivery crafts to date, is scheduled to begin sea trials in 2021, with market delivery expected in early 2022.
Market expectations are extremely high regarding acceptance and potential demand for what is widely considered a new vanguard weapon in the fight against drug trafficking and human smuggling.
Armacraft CEO Richard Jonsson says: We are very pleased to work with Victory Marine Holdings in Central America. They are well connected and professional, I am sure their new subsidiary Stealth Marine will be a great ambassador for our brand and innovative vessels, especially now with the launch of our new breed high-speed diver delivery craft's that Navies around the world can afford to keep in their fleet.
STPK: Load the truckSPAC’s have been taking an absolute beating as the market has been swinging around the past few weeks
STPK has seen a 50% decline in its price from the peak just a few weeks ago, blowing past almost every conceivable support, including a strong area of consolidation at $34 a share
Today we have approach what I believe is the bottom of this downward pressure. This company has some serious potential, and I will not go into all of that, there are plenty of articles across the Web which deeply describe the financials and fundamental case for this company
Time to go long