GREY:MMNFQ - Post by User
Comment by
dload7on Oct 16, 2018 8:26am
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RE:RE:RE:MedMen News Out 3:45pm! PharmaCann Deal!
RE:RE:RE:MedMen News Out 3:45pm! PharmaCann Deal!Couchpilot wrote:
I agree gdown, I think this is great news. No doubt there will be a chorus of bashers going on about dilution but sometimes dilution is good and necessary to remain relevent in an industry that is headed for consolidation. It's clear MMEN are aiming to be the biggest mj retailer on the continent. The payoff comes when you are the one dictating the margins not being squeezed by the margins. I love this deal. I can't fault anyone for taking profits but personally i see much loftier heights coming.
With the limited of shares available on the market, $10 will be the new bottom very very soon IMHO.