Cannex Capital Holdings Inc. - Ordinary Shares C.CNNX

RE:RE:RE:RE:RE:RE:Spoke to anthony

[icanninvest]

Cannex revenue matches other US competitors right now.  But that will change very soon.  Again, Cannex owns a piece of a mature rec market. The rest of the country's state markets are just coming online.  The days of $15M quarters from companies like GTI are about to become history.

As for which company's paper is more attractive...if you think it's Cannex, that's great.  I sincerely hope you're right; but I disagree emphatically.  While you may consider upside returns as a primary factor, I don't think that's how an acquisition target approaches m&A.   Factors like a proven ability to successfully close multiple m&a transactions across state lines are far more important.  Not to mention a company that is better capitalized and/or has the ability to raise more cash with less dilution to fuel the 2019 US market share race.  The % dilution to Cannex vs. GTI (e.g.) to raise similar capital is staggering.

I could list a handful of additional reasons that Cannex would not sit atop my list of potential suitors.  Bt you're clearly all in on Cannex, so I'm guessing you're writing these off as FUD regardless. 

I definitely wish you the best of luck.  And I sincerely hope I'm wrong on Cannex.