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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: TGOD announced a Shoppers deal with and the stock surged over 100% same day as high as .64 cents and closed at .50. Then the next day the company announced a bought deal to raise $15m at .40 cents and the stock went down as low as .37 cents. Why would they dilute like that with great news, I am sure they could raise money at a higher price, please elaborate. Is it a good time to buy and hold for a few years? Is there any big risks I am not aware of?
Thanks,
George
Read Answer Asked by George on May 25, 2020
Q: I agree with your stated hypothesis that there will be further and probably significant consolidation in the Cannabis Industry.

Weed of course is leading the way and has made a significant move. Can you suggest 2 or 3 other cannabis stocks that you would think have the highest probability of being acquired and why you chose these.

Thank you

Sheldon
Read Answer Asked by Sheldon on August 22, 2018