Plant-Based Investment Corp C.PBIC

I think you're right

[geodcan]

Nightowl, at least abou BHNG.  PBIC piling into BHNG did a lot to solidify that they are still a going concern.  I'm not so sure about AION which I believe is hanging their hat on mushroom psylicibin which is rapidly becoming a flash in the pan option that is gaining a following.

When I listened to Jamie at the Benzinga deal, she put heavy emphasis on PBIC being able to bring some guidance or expertise to BHNG along with the big money endorsement that makes one wonder what they see to plunk down so much cash.

I personally don't see what potpreneur expertise they have but they certainly pulled together a pool of cash and BHNG and AION are where they chose to put it.

I hope they are looking for a large multiple return on their investment and don't dump out at a double and hurt the efforts of these fledgling companies.  They do seem to be on sale considering their potential for upside.

What stirred me up to push the buy button is the Trulieve announcement of them marketing Bhang Chocolate through their retailers and of course the Blues Bros and Belushi Farms endorsements are a little gravy as one more touch to attract investors or consumers.

Once again I am getting the sense that the objective for a "triggering event" to happen which would effectively be the starter pistol for the US greenrush is thickening in probability being led by the biggies who have the ability and finances to lobby, but well aware that the penny hopefuls are looking into the eyes of their reaper.  Not all, but I guesstimate 90% plus are going to succumb and maybe even 50% of the LPs and MSOs.

Having big warchests will help the successful ones to be successful.  

Just need decriminalization at the Fed level in the US which has enough market, even for Canadian LPs to achieve success.

glta and dyodd