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BREAKING: Spyder Cannabis Celebrates Canada Day Weekend with Launch of New Hemp Energy Drink Line

  • In celebration of Canada Day, it will launch its new Hemp Energy Drink line over the Canada Day long weekend across its existing Ontario locations, as well as its two brand new stores in Niagara Falls and Pickering, set to open this weekend
  • Samples will be available at all locations

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Hub On AGORACOM / Read Release

Message: Insider Trade

Why is Lam selling now? 

The second quarter ends June 30. Insiders are usually prohibited from selling a week before the end of quarter until a week after results have been publicly released. That would typically be approximately mid to late August.

Depending on conditions of the DL sale, further blackout from selling may be in place for insiders pending completion of the sale. If it would be delayed until end of September, he’s right back into the 3q blackout which would extend into mid to late November, nearly 6 months from now. 

A total of 100k shares at 36 cents or so is $36000. If he was selling on bad news, that’s not taking him very far. 

Its still a bad lookdue to timing, but considering the amounts owned by insiders, it’s a drop in the bucket. 

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