Hi All,
We all have read the following news this morning.
Cannabis Wheaton Names 14 Streaming Partners
https://www.newcannabisventures.com/cannabis-wheaton-names-14-streaming-partners/
And we may be confused about the ownership % #2.
I did more research on Harvest One Cannabis Inc ("HOC"). In above table, Cannabis Wheaton has 49% ownership #2 in HOC. I was confused on whether CW owns 49% of HOC?
After reading below news, I become clear that CW owns 49% of HOC's subsidiaries ("United Greeneries Ltd" and "United Greeneries Saskatechwan Ltd")
https://www.newcannabisventures.com...deal-with-pancann-to-fund-capacity-expansion/
CW has 10% #1 ownership and 49% #2 ownership in BCC based on above table, which could mean CW has 49% ownership in BCC's subsidiary (maybe newly created).
There is still possibility that CMY and BCC have another deal. CMY take direct ownership in BCC or created a joint subsidiary. Even if CW has 10% ownership in BCC, there is still 90% left. We wait for the deal.
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Hi All, We all have read the following news this morning....
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