27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Xebra Brands Ltd. (OTCQB:XBRAF) (CSE:XBRA) (FSE:9YC) announced that it is expanding its Canadian cannabis infused beverage brand, Vicious Citrus. On the heels of the launch of the brand's flagship products OG and Neo, Vicious Citrus is expanding to include OG Slim, launching in Ontario in May, 2023, in advance of the hot summer beverage season. The brand has also recently expanded to Western Canadian markets with the entry into Alberta and Saskatchewan.
OG Slim is the 3rd product in the portfolio and specially developed to respond to high consumer demand for a lower calorie Vicious Citrus product. OG Slim has the same taste, 5mg THC and 2mg CBN, with only 10 calories.
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"We are very happy with the first 7 months of Vicious Citrus in the Canadian market," stated Jay Garnett, CEO of Xebra Brands. "Consumer and retailer feedback has been overwhelmingly positive. OG Slim will attract a new consumer base for the brand, one that is looking for high quality non-carbonated lemonade products with lower calories. It is a great addition to our line and it will play an important role in driving growth and overall profitability as we roll it out Nationally."
Xebra continues to invest in growing the cannabis business in Canada, and is exploring an eastern manufacturing partner in an effort to build up inventory to satisfy demand for its products across the country.
Photo by Tim Foster on Unsplash
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.