90
Some believe the halt will go well into the spring while others feel it will be short lived. At time of writing, it was still halted. This should still prove to be a very successful investment for those that invest post-halt but one never knows.
Weeks prior, the company announced it will be cash flow positive for the quarter ended October 31st and will continue to be so into 2018 Q1. CMM is on our stick lists, included in our strategies, announced it was cash flow positive, and announced a share buy back program. Well done to those that connected the dots within CannaInvestor Magazine and invested prior to the halt – recognizing these opportunities is one of the skills you have learned or are learning from our content.
Cannabis Wheaton Income Corp (CBW)
CannnaInvestor Magazine reached out to CBW in the early days of the summer with an exclusive Q&A
followed by content coverage and a dedicated Case Study that was expertly written by William Eady. When we reached out to CBW for that Q&A, the primary driver was the unfounded and truly relentless bashing and attacks that appeared in social media and elsewhere and seemingly from several parties. In my own opinion as a Professional Account (I am not a lawyer), many of those remarks encroached on slander/defamation at worst and at best were a co-ordinated, even if unintended, effort to reduce the share price/market cap of CBW. Our advice then remains the same now and that is to block/ignore those that hid behind anonymous IDs or social media posts slandering any company. Remember our primary rule to safeguard yourself from the unscrupulous = “filter out the noise”.
CBW’s share price fell to $0.68 during that campaign to discredit the company but because the truth always comes out, has rebounded to as high as $2.97 on January 3 and that is an ROI of 337% in less than five months. You also know from our content that we often discuss the ROI opportunity from investing in warrants and CBW has not disappointed as the price of the warrants rose from a low of $0.05 when they commenced trading in early October to a recent high of $1.45 … a 2800% ROI. The warrant price remained between $0.09 and $0.12 for about two months before its December increase – plenty of time for the Retail Investor to have undertaken their due diligence and make the appropriate investment decision based on risk tolerance and other parameters. The share price mirrored that trend over that same period.