 Hey guys, how you doing? This is your boy rich here on behalf of rich TV live and I have some news here I want to talk to you about this is a company that's been doing some Really interesting moves believe announce a strategic alliance agreement with Rawlins Group to open and operate cannabis retail Stores across Canada Wow So the symbol is BE in Canada BLEVF in America is pleased to announce it has entered into a strategic Alliance agreement with the Rawlins Group Inc to open and operate cannabis stores Wow across Canada believe it or not. It's true Rawlins will apply for cannabis retail licenses across the country to open and operate cannabis retail stores Believe is supporting Rawlins to secure lease covenants for all planned locations Rawlins will be responsible for managing the day-to-day operations of the stores Key takeaways of the agreement Rawlins plans to open its first nine locations in Ontario with an additional 31 locations plan pending approval in the province of Ontario Rawlins has agreed to purchase up to 1,000 kgs of dry cannabis or equivalents of believe product annually per location Let's go Rawlins shall provide believe with an option to purchase up to 15% of all outstanding equity Believe and Rawlins have created a joint relationship committee to review the growth and performance of the retail locations compromised of Andrew Wenek CEO of BLEV Bojan Crassik president of CFO of BLEV and David Shetter and Daniel Stern the principal partners of Rawlins. We were happy Very happy to be working with David and Daniel We have a track record of success who have a track record of success in the cannabis industry said believe CEO Andrew Wenek We look forward to meeting our customers in these new stores and serving the communities around them Love this Rawlins has agreed to deal exclusively with belief. Did you hear that? Exclusively with believe not directly or indirectly entering into any agreement that would compete with or Conflict with the terms of the agreement without the express written consent from BLEV This is enormous news for BLEV and BLEV has been just Quietly under the radar Let's read a little bit more about Rawlins grouping launched in 2018 Rawlins is positioned to be one of Canada's top retail Shopping chains Rawlins will provide customers with a fun warm and inviting experience Which caters to both beginners and advanced cannabis users It is a mix of new age retail with an old school feel making sure that customers are comfortable and Educated at all times where you live is the busy urban city or relaxing small town Rawlins is looking to be strategically positioned and designed to cater to all demographics with many years of experience in the legal cannabis industry Rawlins management team is comprised of successful and reputable industry veterans who have founded and operated some of Canada's largest Cannabis companies to date Rawlins is truly a people's brand and will one day be a household name Wow, those are some big terms About believing believe is a vertically integrated Canadian cannabis company headquartered in Oakville, Ontario That operates streamlined facilities throughout Canada to cultivate high-quality cannabis flower oil and extracts with funded capacity in Access of a hundred fifty thousand KGs per year fully licensed to cultivate and sell medical and recreational cannabis Believe is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives Believe is currently developing new product lines for October 2019 as the recreational market is expected to allow for food and beverage based cannabis products believe is growing its Storefront and online sales presence rapidly through its wholly owned subsidiaries Believe cannabis corp and seven Oaks which are licensed for medical and recreational sales respectively the company's first retail location is opening this fall in Lloyd minister Saskatchewan believe has also developed a network of medical cannabis clinics in Ontario and Quebec under the Medi green banner BAM Now I'm gonna show you what this company's done because this one may be the opportunity We've been looking for take a look at this See how this stock just fell off a cliff Well, this was intentional because what they did is they actually did a forward split That's right. Not a reverse split Where you artificially take the price up and reduce the shares they did a forward split and here's the news BAM and obviously I bring all the news first and I'm gonna dissect it for you guys So you understand what's up, right? So believe announces 7 for 1 share split. This is a positive thing. Check this out Believe is pleased to announce a 7 for 1 share split of the company's issue not standing common shares Each shareholder of record of the company as of the close of business on the record date will receive Six additional shares for each share held on such date. The stock is at 16 cents people 16 cents the lowest it's been in the last year I Believe is 10 cents when you look at the share price ratio Obviously, you can't compare it because it just did a forward split So they artificially reduced their price, but this chart is based on how it's trended So it's been way higher this year Okay, and we've seen it a little bit lower just recently as low as 10 cents Now it's been a little bit higher recently on this last bump to 19 and now it's back to 16 I believe this is a stock that has an amazing Opportunity here for investors. Okay, if you can get in a 10 cents, this could be one of those opportunities of lifetime This is a company that's well poised and positioned to explode They are currently a 48 by and everybody knows that they artificially took this price down So every shareholder has more shares now They did this on purpose because they wanted to create more liquidity They wanted to create more visibility for the stock, but you can still see it is up 100 percent in the last year You can see it's been higher. It's also been lower So you might be able to get it a little bit lower But what I believe is this is a strategic move and this could be an amazing buying opportunity The shares have been artificially taken to these prices. Okay Artificially, look at this. They now have 415 million shares issued outstanding that they put out there on purpose So they have more shares that they can use to acquire their growth And they wanted more liquidity so that the stock would trade more Now all the shareholders also have more stock and let's read what they have to say This is what I'm predicting is the reason why they're doing this A sizable portion of our investor base is holding their position for the long term the stock split will increase liquidity Allowing more investors to buy and sell our shares as we continue our ambitious expansion into 2019 said andy winick Believe ceo our stock is already affordable and liquidity will free up additional shares to trade Which in turn helps believe realize its true value the current Wow, this is pretty interesting move the company currently has 59,887,917 Issued outstanding common shares upon completion of the split. There will be approximately 419,215,391 Shares issued outstanding the record date for the stock split is wednesday november 7 2018 and the shares will begin trading on the split basis on tuesday november 6 2018 This is the time for us to get into believe around now before they explode This is what we do here rich tv live. I bring you the winners and I bring them to you first Okay, so what do you think about this news? I think this is huge news. Okay Huge news And I think this is a company that is poised to explode And if you do your due diligence and you do your research and you like this company Please smash the like button comment down below. Let me know what you think about believe ink This is a company whose stock went down because they wanted to give more shares to their investors And because they wanted to create more liquidity and because they wanted more shares so that they can go out there And strategically acquire more private entities with their stock You heard it here first from your boy rich. I've been waiting for the time to bring you believe ink You guys kept asking me about it. Well, here it is I think it's a buy if you can get it lower try to pick it up around 10 cents. That might be the buy of the century I'm going to go out there and try to pick up 10 000 shares myself and sit on this bad boy Because I think they're going to be a beast. You heard it here first from your boy rich believe ink Now if you're not winning you're definitely not watching It is b l e v f in america be in canada Remember rich tv live is strictly for education entertainment purposes Do your due diligence do your research before you invest in anything that we talk about here on rich tv live All the cannabis stocks are retracting today. This may be a buying opportunity But never go against the streak two red days in a row before this we had seven green days in a row Before that we had 10 red days in a row. So this market is going in streaks Don't go against the streak sit on the sidelines weight like a sniper weight like a ninja wait for your opportunity And then snipe Hold on to your boy if you're not winning you're definitely not watching. This is your boy rich You can go to www.richtvlive.com get all the feature videos breaking news Stock information and tools that use everyday cryptocurrency tools Everything you want to know about sports about us travel you want to contact your boy You want to join our secret stock picks group? You want to join our slack and our discord and get all of our breaking news 24 hours a day follow us everywhere And remember we got all the winners and we got the sauce. Look at this. Look at our picks We have been bang on with our picks all Year, we've been bang on for the last two years Because we bring the winners because you the people are constantly bringing the winners and demanding more winners every day So I think this one could be one. It's one of the only stocks like it's climbing while we speak It's one of the only stocks that is going up on a day that is a bloodbath Why because they're a good company that took their stock down artificially Let me know what you think about this guys. Please share this video everywhere. If I win and you win We all win remember A seven for one share split a forward split That gave their shareholders more shares not less and decreased their price So they can use those shares to go and acquire their growth and so that they can have more liquidity in their stock You heard it from your boy