GABY Stock Price, News & Analysis
GABLF
OTC
Company Description
GABY Inc. (GABY or the Company) is a company that has decided to wind down its operations due to financial constraints. The write-down of its Type 10 retail license in California has made the continued operation of the retail business untenable. The company defaulted on its obligations under a Promissory Note and has executed a Consent to Strict Foreclosure and Release Agreement. Effective July 15, 2023, Ebon Johnson will resign from the board of directors. GABY's common shares trade on the CSE and OTC markets.
The Company will explore the feasibility of continuing to operate its CBD business under the Lulu's and 2Rise brands.
Stock Performance
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Performance 1 year
$2.7M
Market Cap
733.9M
Shares outstanding
Latest News
SEC Filings
No SEC filings available for GABY.
Financial Highlights
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Revenue (TTM)
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Net Income (TTM)
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Diluted EPS (TTM)
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Upcoming Events
Frequently Asked Questions
What is the market cap of GABY (GABLF)?
The market cap of GABY (GABLF) is approximately 2.7M.
Why is GABY winding down its operations?
GABY is winding down its operations due to financial constraints, including the write-down of its Type 10 retail license in California.
Who has resigned from the board of directors of GABY?
Ebon Johnson has resigned from the board of directors of GABY.
Where can I find more information about GABY?
For more information on GABY, visit www.GABYInc.com or the Company's SEDAR profile at www.sedar.com.
Where do GABY's common shares trade?
GABY's common shares trade on the Canadian Securities Exchange (CSE) under the symbol 'GABY' and on the OTC under the symbol 'GABLF'.
What brands is GABY considering for its CBD business?
GABY is considering continuing to operate its CBD business under the Lulu's and 2Rise brands.
When did Ebon Johnson resign from the GABY board of directors?
Ebon Johnson resigned from the GABY board of directors effective July 15, 2023.
What is the impact of the Reversion Remedy on GABY?
The Reversion Remedy involves the transfer of Collateral to Holders, the release of GABY from further liability under the Promissory Note, and the surrender of GABY shares by Holders for cancellation.
What market does GABY operate in?
GABY operates in the cannabis industry.
What is the focus of GABY's operations?
GABY's operations include a retail business and a CBD business under the Lulu's and 2Rise brands.
Where can I direct further inquiries about GABY?
For further inquiries, please contact Investor Relations at IR@GABYinc.com.