Cannabis meets the rest of us [Image] Iâve covered some pretty awesome companies in this newsletter⦠â¦from a business that makes batteries found on the International Space Station⦠â¦to an ATV manufacturer that makes a sweet ride. But todayâs company is quite different than any of those. Itâs a company whose history is a bit opaque. And by opaque, I mean it took some digging to piece together this companyâs story. So, let me lay it out in the open for you and let you all decide the best course of action. Wee-Cig International Corp. (OTC: WCIG) - 1-month trading range: $0.011 - $0.036
- Typical average daily volume: ~150,000
- Float: 581,000 Who Are You? Normally, Iâd start with a companyâs business overview. However, this particular stock required a bit of detective work. Letâs start with what I know for certain. First, Wee-Cig is the nome de plume (the pen name) for Canterbury Investment Group. The company is listed as: â¦a publicly traded holding and acquisition company with a particular talent in identifying early-stage rapid growth tech companies in the emerging markets sector, and help that company ramp up sales and go to the next level. Canterbury Group is a Cayman Islands-based investment management firm with $6 billion in assets under management and custody. Canterbury Group delivers standard and alternative financial products as well as high-level service with attention to specific personal objectives to high-net-worth individuals and institutional clients. Canterbury Group is comprised of three primary divisions: securities (investment banking, brokerage, back office admin); investment (real estate, consumer products, equities, and lending); and alternative financing. Canterburyâs investment portfolio includes Ennoble Beverages (United States); Jamaican Herb House and Jamaican Brew House (Jamaica); and Caribbean Pharmacy and Natural Wellness Centre (Cayman Islands). I canât confirm if those companies are still part of Canterburyâs portfolio, nor whether theyâre part of the Wee-Cig company itself. And there arenât any financial reports anywhere that I could find. So, for now, Iâll assume that Wee-Cigâs only active ownership is the Jamaican Brew House. And hereâs where things get murky. [Canterbury group originally launched Jamaican Brew House in October 2019.]( [Yet, Wee-Cig signed a definitive agreement to acquire the controlling interest in Jamaican Brew House in February of this year.]( I do know that Erin Winczura was listed as the founder and CEO of Canterbury Group as recently as 2019. So, it would seem that Wee-Cig simply bought Jamaican Brew House from the Canterbury Group. However, thatâs not entirely clear-cut. For starters, as part of the acquisition, Efraim Babayov, the president of Wee-Cig, resigned from all his positions while Erin Winczura is to be made CEOâ¦which is odd considering Canterbury Group already owned the company. Digging into Wee-Cig, [I found a website for a vape pen company.]( And through that website, the companyâs stock is listed in the corner, and the RSS feed includes the recent acquisition of Jamaican Brew House. Furthermore, I located an article about the companyâs work in blockchain and NFT from 2021. What to Make of it The way I read this, and this is solely my opinion, Canterbury Group brought Wee-Cig into its fold by having Wee-Cig acquire Jamaican Brew House. I donât know why they did this, and itâs still not clear if there are other holdings within the company. Jamaican Brew House So, letâs turn our attention to the one company we do know they own. Jamaican Brew House is a âcannabis beverage company that produces all-natural cannabis-infused products for the health-conscious consumer.â [Per their website](, the two products they have listed are: Neutral Cannabis Base A neutral cannabis base is an odorless, tasteless, water-compatible liquid that features CBD or THC. The key features of our exclusive approach are as follows: - The neutral cannabis base can be added to food and beverages without impacting taste.
- The neutral cannabis base is created through a completely natural botanical method.
- The bulk base can be mass-produced for commercial use. BotanniCann Our exclusive liquid is produced through fully botanical methods. The liquid, which is neutral and completely devoid of cannabis taste, is available in four different bases: - BotanniCann Spiked Dry â THC/CBD
- BotanniCann Spiked Sweet â THC/CBD
- BotanniCann Balanced Dry â CBD
- BotanniCann Balanced Sweet â CBD Thatâs about it. Not much else to go on. Promoter Activity I came across two promoters involved. Both highlighted Canterbury Group in their material, which is why I included all their information in this newsletter. The catalysts they highlighted are as follows: - Wee-Cig International Corporation initiates steps to move from bench-top to commercial production
- $6 billion Canterbury Investment Group launches Jamaican Brew House, an all-natural cannabis beverage company
- Leadership team key driver for exceptional shareholder growth
- There has been a massive cannabis demand to the tune of $344 billion
- Wee-Cig International Corp (WCIG) triggers "12" strong buy indicators flash green
- WCIG explosive new bottom bounce breakout alert with +500% in upside potential The first catalyst listed here is the only one with timeliness, hitting the tape on March 9. Interestingly, [the news release]( notes Wee-Cigâs intentions to raise funds to acquire the necessary equipment ot make this happen. This implies that shareholders currently own the patent-pending technology. I covered the second and third points earlier, neither of which is breaking news. The third point is true but in an overly broad sense. It doesnât speak to the cannabis food and beverage market, which is small at the moment but growing quickly. As Iâve mentioned before, the technical indicators, taken from Investing.com, are mercurial, changing every day. On the date of writing this article, the technical indicators still noted a âstrong buyâ while the moving averages signaled a âsell.â Lastly, the bottom breakout pattern could be true. Yet, the promoter offered no charts to back up the assertation, nor could I see it myself. For compensation, both promoters were paid $20,000. To date, both have been compensated $40,000, half for a campaign from 2/10/2023 - 2/13/2023 and the other for a campaign from 3/9/2023 - 3/10/2023 Straight to the Facts There was noticeable price movement on the 2/13 with volume exceeding 1.2 million shares. The stock moved from a close of $0.013 the prior day to as high as $0.036. So, the campaigns definitely have moved this stock in the past. The most recent campaign took shares from $0.01 to as high as $0.0197. I canât say for certain whether this is the end of the campaigns for this stock. However, itâs absolutely one to keep your ear to the ground and listen for any promoter activity. Always at your service, Baron Von Stocks Disclaimer: Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. This newsletter is not a recommendation nor an offer to buy or sell securities. This newsletter is owned by Red Oak Media Group LLC. Any wording found in this e-mail or disclaimer referencing to âIâ or âweâ or âourâ or âASâ refers to Red Oak Media Group LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature and are therefore unqualified to give investment recommendations. Companies with low prices per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service, you agree not to hold our site, its editorâs, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website. We do not advise any reader to take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and its owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. Red Oak Media Group, 7940 Ann Arbor St Dexter MI USA 48130 To update contact information or unsubscribe from this list, please [click here](