RE:RE:RE:RE:RE:RE:RE:Nuuvera Yup, as much as we scoffed at, and bad-mouthed Canopy and Linton a couple of years ago, one thing has been proven....THEY got it right. I feel the same way. We have had some blunders and.....some incredibly bad luck
kingbear wrote: the point is WEED and ACB have made some awful acquisitions but no one says a thing. Aphria is for sure held to different standards. Aphria was the first in the U.S. and were forced to sell no we have Canopy doing the exact same thing. I have never seen a company with such bad luck in my life. Not sugarcoating it, Vic hurt us bad, but there has been a lot of bad luck too.
jayjay2020 wrote: kingbear wrote: Broken Coast was a great acquisition.It's the top rec brand in Canada. For comparision ACB paid about 1.1B for CMED who barely have more capacity than Broken Coast and medicore quality cannabis. 200M vs 1.1B. Sick of Aphria being held to different standards when ACB and WEED have made incredibly overpriced acquisitions as well.
Vinny57 wrote: I'm not disputing that Broken Coast was a good purchase, rather the fact that it came at such a heafty price. $10,000 per registered patient. $10 Mil. cash and the remainder in stock. Nearly 1/4 of a billion dollars at that time. A ton of dilution ( funny fact is that our share price is 2/3 of what it was at the time of the deal ). BC was OK. NUU was horrendous.
MomentumMan wrote: Vinny57 wrote: EvilHemi wrote: 800 million basically thrown out the window ..let’s see if we can spend the cash we have this time a little bit more wisely
Correct Evil. I believe I gave that "deal" a C- at the time and took A LOT of flac from the SH board members. The amount spent for Nuuvera was WAAAAY beyond the value................The Broken Coast purchase was too high as well, but not as bad.
FYI: I have taken the white towel out of the box. It is not in hand yet, but I am looking at it.
New Management, same old "no news"...........unless it's bad.
Broken Coast was a great acquistion. I hope Aphria One is going to leverage BK's genetic library which my understanding is the largest genetic strain library in this space. That genetic library should have substantial value on it's own.
BTW
Broken Coast won the BEST CULTIVATOR AWARD at the O'Cannabiz Gala last night at Casa Loma.
eom
momo
Bruce just knows how to market WEED stock well. He added gained 20%+ to the SP price on the Acreage Deal. A deal that may never come to fruition until at least 2021-2022. A deal that was a copy of what the APHA/LHS deal was just on a smaller scale. The Acreage deal resulted in a bunch of upgrades. For what ? Really the Acreage deal will not do anythinf to WEED's top line until several years from now. But Bruce knows how to create hype and market his stock. This is where APHA fails and always has. Now that WEED is going up he can afford to dilute WEED at a bit and go after another deal. Not to mention he still has Constelations money in the bank.