Alcanna Inc (CLIQ) News

You can vote EARLY. "You will be eligible to vote if you are an Alcanna Shareholder of record at the close of business on November 9, 2021. To ensure that your Alcanna Shares will be represented and voted at the Meeting, you should carefully follow the instructions provided in the Meeting Materials. All Alcanna Shareholders are encouraged to vote by proxy or in person (virtually) at the Meeting. The deadline for the receipt of proxies is 10:00 a.m. (Mountain Time) on January 5, 2022. However, Alcanna Shareholders are encouraged to "vote their Alcanna Shares as soon as possible in advance of the Meeting."

https://www.globenewswire.com/news-release/2021/12/29/2359028/0/en/Alcanna-Inc-Reminds-Shareholders-to-Vote-FOR-the-Proposed-Plan-of-Arrangement-with-Sundial-Growers-Inc.html

Update the Update of the Update

Update :

BNN comment by Fabrice Taylor - fyi

Alcanna
(CLIQ-T)
Fabrice Taylor
Publisher, The President's Club Newsletter
Price
$0.000
Owned
Yes
July 15, 2019

It was an income trust, and so they distrbitued too much money and didn't keep enough cash to refurbish their stores and stay competitive. That hurt, then they the oil price fell (they're based in Alberta), then they made some dumb acquisitions. Aurora Cannabis and the Bitove family have since invested. They've cut prices to wipe out competition, then bought that competition--twice. This has worked. Eventually, they will raise prices now that they've wiped out those competitors. Alberta law limits other liquor stores within a certain radius from existing shops, so they have a moat. And they're getting into cannabis. This stock is starting to move. (Analysts’ price target is $8.05)

Read more at https://stockhouse.com/companies/bullboard?symbol=t.cliq&postid=29922654#aYWGK3SVHKZXOgU7.99

Super-Chronic Update now....

Let's get this all down on paper !....

Update the Update of that Update




This is the one which we're updating (where we were stating that "A real good pullback would be nice")

Update the Update





Low today 5.46

CLIQ - Update



5 days later



Down 1.2 % today

Next day prints a low of 7.73 (a decline of 4.5 %) - Last 4.83
Am looking for (hoping for) slightly lower still -
5.60-ish - Would be nice - The bottom part of the oval)

Gap filled

There she goes, that a girl! The volume is picking up. I don’t think people realize that this is a cannabis play. It will fly with high volume. Your basically getting the cannabis arm of the business for free!!!!

Yeah I dunno - I imagine they have a ton of debt or something however it may be that :




Together these 2 charts paint a pretty nice picture




I think I'd be nuts (if it weren't for the broad markets fragility) to at least perhaps take a small nibble



But I probably won't (too risk-averse) UNLESS you can convince me otherwise.....for eg 200 mil mkt cap on 800 mil rev....Stats like that might work

800mil in revenue in 2018 with a market cap of 200mil. Am I missing something here????

Well I dunno about $20 - that seems extremely far-fetched - be lucky to hit $8 this year.....THEN maybe 12......20 perhaps in 4 or 5 years - if things proceed uncharacteristically well

Tryin' to get a handle on CXXI - There don't seem to be much rhyme nor reason - Fill me in

Rebound back up to $20?

Do you know when they're due to release financials?

Quite the old rebound -

Wish I'd've snagged some at down around $4 but at that point it appeared as though BK was possible !





Of course, everything at that time looked grim :

Well you see / saw this chart here ? https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145454009

There's now simply no telling.....It's into no mans' land....

And it DOES look as tho they could be heading towards bankruptcy


For who-knows whatever reason.....Eliminated dividend ?.....

Just to save I think I heard a mere 7,000,000 ?


Said that that 7 mil could be used for better things....?

Thank you for the info. How long should this holding on be going on? Will it be one of the many who just crash and burn or will it do a pheonix and rise from the ashes?

Currently trading at 4.33 (down another 9%)

It's a friggin' nightmare

https://www.bnnbloomberg.ca/marijuana/video/alcanna-ceo-ontario-did-the-right-thing-in-restricting-licenses-amid-pot-supply-troubles~1565229

Crashing today for some reason.

Ah.....and it's for the reason I figured : https://grizzle.com/alcanna-dividend-shareholders/

Howdy Happy - How's it goin' ?


Correction edit : Make this "Here's where you were inquiring about CLIQ"




All's prob just a response to the fresh new low :
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145321045

.

Thanks for that info !....I'll try to look into 'em

Found this interesting - watched a couple of the (bottom page) videos.....
https://globalnews.ca/news/4587467/alberta-nova-cannabis-legal-marijuana-sales/





Haven't figured out yet how Alcannas' NOVO appears to have become NUMO

I am sorry for being tardy replying, inner spirit holdings is the name of the canadian company. My understanding is that it was spun off from a large american liquor distrbutor so when legal happens in the states they can have a big cozy reunion. I started to research the parent compny and then got distracted by life but their ish website in canada says they have planned 120 (I think) storefronts in Western canada where private is legal.

No idea who ish is - Could U (please) elaborate ?


Meanwhile :








That (lower) Black Line there is





No idea how safe their yield is - Probably not very safe !

Do you see them as a better choice than ish who has store fronts for cannabis already in the works?

That mentions Alcanna (whom I have been "eyeing")....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144983749

September 26th :















Today they are yielding 4.6 $





Compare the chart bottom with the top chart

Update (possible Confirmation)









.

Secures 5 of 17 Alberta licenses

Canadian Liquor Store(s)- Regulations ?


Ran up prior to announcement / Pulled back 1/2 way.....Post announcement = Full retracement.








https://investorshub.advfn.com/CLIQ-Alcanna-CLIQ-36240/








Yield = 3.6 @ $10.00



Might they not be.....a 1/2 decent Buy ??? (soon)



600 liquor stores in North America ?



http://ih.advfn.com/p.php?pid=nmona&article=78345622








.

Ran up prior to announcement / Pulled back 1/2 way.....Post announcement = Full retracement.

Might be good - Let's see - Who knows ?.....Yield = 3.4

Next day down 4% -

Could this have something to do with it ? https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:descending_triangle_continuation

Regardless....





.

Is one of the three largest private sector alcohol retailers in North America :

An August 8th story :
http://www.cannabisbusinesstimes.com/article/things-just-got-real/

August 14th :
http://ih.advfn.com/p.php?pid=nmona&article=78068225

https://www.google.ca/search?q=alcanna+news&hl=en-CA&source=lnms&tbm=nws&sa=X&sqi=2&ved=0ahUKEwjixNqEgNjdAhXDxYMKHetIB_cQ_AUIDigB&biw=1366&bih=626



August 8th :




7 weeks later :