Insider Filings: ACRG, CNNX, GTII, IAN, KSHB (07/12 - 07/19)
In this week's post, we look at insider filings -- both on the buy and sell side -- from the past 7 days. All amounts are listed in United States Dollars ($USD) unless otherwise noted. We sincerely hope that you find this gathering of reading material to be helpful. This resource will be published on an ongoing basis.
Lastly, if you would like to learn more about each company, please click through their name to be taken to their company profile page where we detail specific information such as fully diluted market cap, share count, quarterly financials, and also extrapolate on their licenses by way of a highly-detailed footprint map.
Acreage's CEO, Kevin Murphy, purchased 154,000 shares @ $12.91 on 07/12. Mr. Murphy delved into his intentions with this press release:
“With the downturn in industry stock prices recently, this was an opportunity to show investors that Acreage management is committed to creating long-term shareholder value,” said Murphy. “We remain focused on executing on our strategic plans, including fully leveraging the power of Canopy’s IP. Additionally, we have been in dialogue with executives from both Canopy and Constellation, and I can assure all of our investors that all three companies remain fully committed and excited about our recently executed agreement.”
On 07/18, Cannex's COO, Leo Gontmahker, purchased 35,000 shares on the open market @ $0.92.
Pete Kadens, the company's former CEO and Board Member, continued his selling and sold 179,700 shares this week at an average price of $9.54.
On 07/15, the company's President, Randy Maslow, purchased 20,000 shares @ $2.80.
And, on 07/17, iAnthus' Chief Strategy Officer, Beth Stavola, bought 10,000 shares @ $2.87.
Dallas Imbimbo, co-founder and Board Member of KushCo., sold a total of 300,000 shares between 07/16 - 07/18 at an average price of ~$4.94.
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