Friday, January 19, 2018

MediLeaf Leaf:TSX Time To Accumulate Before The Next Leg Up

Leaf is preparing for its turn to run up ... 
We have a small float of 94.8 Million shares vs other high flyer cannabis shares

because today CMED,ACB, rallied...LEAF IS OverDue To Rally Again!

The Two Underwriters will have a great deal to justify if they pay 26.50 per share and the price is at $24.10...I will predict that LEAF WILL RALLY BEYOND the $26.50 just because the underwriters NEED to justify $132.5-million raised at $26.50

The offering below is expected to close on or about Jan. 31, 2018,
2018-01-09 10:40 ET - News Release
Mr. Dennis Fong reports
MEDRELEAF CORP. ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED OFFERING
Medreleaf Corp. has entered into a revised agreement with a syndicate of underwriters co-led by Canaccord Genuity Corp. and GMP Securities LP, pursuant to which the underwriters will purchase, on a bought deal basis pursuant to the filing of a short form prospectus, an aggregate of five million units of the company at a price of $26.50 per unit for aggregate gross proceeds of $132.5-million.
Each unit will consist of one common share and one-half of one common share purchase warrant of the company. Each warrant will be exercisable to acquire one common share of the company for a period of two years following the closing date of the offering at an exercise price of $34.50 per common share, subject to adjustment in certain events. In the event that the volume-weighted average trading price of the common shares for 10 consecutive trading days exceeds $51.75, the company shall have the right to accelerate the expiry date of the warrants upon notice of not less than 15 trading days.

Aphria Picked As The Next Big Winner


Which Marijuana Stock Is the Better Buy: Aphria Inc. or Canopy Growth Corp.?
Under the agreement, Aphria will pay up to $10-million in cash, with the remainder in shares based on a deemed price of $15.09 per share. “Adding one of Canada's most sought-after premium brands represents a major triumph for Aphria and our shareholders and firmly establishes our position as a ...
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Cannabis Wheaton Stock Goes High on Aphria Supply Deal
(TSXV:CBW), the world's first cannabis streaming company, announced Wednesday that it has inked an interim supply agreement with Aphria Inc. (TSX:APH). As per the agreement, Aphria will supply Wheaton's subsidiary Navisent Inc., created for establishing international distribution channels, with up ...
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Aphria (TSE:APH) Price Target Raised to C$25.00
Aphria logo Aphria (TSE:APH) had its target price hoisted by Pi Financial from C$14.00 to C$25.00 in a report released on Thursday, January 11th. Pi Financial's price target indicates a potential upside of 13.38% from the company's previous close. Separately, Canaccord Genuity increased their price ...
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DOJA Cannabis and Tokyo Smoke Announce Signing of Definitive Business Combination ...
Aphria Inc.'s ("Aphria") (TSX: APH) (OTCQB: APHQF) $10 million equity investment in Hiku, demonstrates Aphria's commitment to native BC cannabis and its leadership in the recreational market. Hiku looks forward to the opportunity to supply all Aphria's brands in Hiku-owned retail (where licensed and ...
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Clarus Securities Analysts Increase Earnings Estimates for Aphria Inc (APH)
Aphria Inc (TSE:APH) – Stock analysts at Clarus Securities increased their Q3 2018 earnings estimates for Aphria in a research note issued to investors on Tuesday. Clarus Securities analyst N. Atkinson now forecasts that the company will post earnings of $0.02 per share for the quarter, up from their ...
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Why Loblaw Companies Ltd. Might Have a Horrible 2018
In early December, the drugstore announced a deal with Aphria Inc. (TSX:APH) to sell pot online, and that could possibly open the door to marijuana eventually being sold in store. If successful, it may only be a matter of time before Loblaw decides to add pot to its retail stores (where it is legal to do so).

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