CANNABIS STRATEGIES ACQUISITION CORP. N.CSA.A

Why is this so undervalued?

[Value516]

CSA appears to be one of the largest U.S. multi-state operators in terms of ACTUAL revenue and EBITDA...but I am really confused as to why it's getting so little coverage? Does anyone else out there think the stock is extremely undervalued? I'm trying to figure out what I am missing here. Is there a reason why this company is not getting discussed?

[Stockboyslim]

My opinion on it is that its a Canadian company operating business soley in the USA. Also, the strat concept may not be as appealing to some or unknown.  Almost no downside, and a huge upside, just might take a while to realize it.  de-strat at the end of the month and they are for sure working on many more acquisitions! 

[Stockboyslim]

de-spac not strat

[RockLobster1]

I think their focus up until now has been to find the deal, execute it, and no time or need to promote themselves.   But the vote is March 18, and then I am thinking they will be free to go onto the next part of their growth strategy, which I assume includes becoming a known public company and raising their profile.   Also not sure if being on neo exchange hurts them as perhaps

[Value516]

Thank you to all for your thoughtful comments. I revisited my notes and I agree with all your relevant points. In particular, I definitley think the NEO exchange listing is depressing the current price due to the lack of liquidity. I did some research and apparently the NEO has only been around since 2015; and there's a very small number of companies that list on it; less than 50 I believe

[RockLobster1]

Value,,, thanks for your research, you make some useful points. After March 18 I think we  will be moving forward on many fronts. Any idea if they will then move off neo?  It's good in some ways but might not be accessible to all institutions... I'm not sure but seems a negative at some point.

[Value516]

So, I have no idea as to when they may leave the NEO, however, I think it is all but inevitable. Once the deal is closed and they are truly ready to market this thing, I don't expect them to leave on day 1 post-close, but the countdown will certianly begin. Here's the thing about having an acquisition strategy - it mandates that you must care about getting your stock price up. And it's