Came across something interesting...This might be a very stupid question but... I was just reading over Harvest One Inc's presentation and couldn't help but notice that in their breakdown of proceeds (from their recent equity financing) that it said 2Mill for MMJ Cash Consideration. Does this mean they're planning on buying MMJ out or maybe part of MMJ? Is this why MMJ has been on the soar lately?
RECENTLY COMPLETED $25M EQUITY FINANCING Issued: 33,334,000 Subscription Receipts Price: $0.75/Sub Receipt Unit: 1 share and ½ share purchase warrant with strike of $1.00/share Gross Proceeds: $25,000,500 $25M Equity Financing Indicative Use of Proceeds MMJ Cash Consideration $2,000,000 Purchase of Duncan Facility 3,200,000 Acquisition of Genetic Material 1,350,000 Duncan Phase I Expansion 9,000,000 General Corporate & WC 9,450,000 Total Use of Proceeds $25,000,000
Deffinetely something to think about. I might also be completely wront so here is the link so you can check for yourself (Page 4)
https://static1.squarespace.com/static/586120abebbd1af27ce1a83c/t/593182aa893fc09c1601ab8a/1496417051458/HVST+May+Presentation+May+16+2017.pdf