RE:RE:RE:RE:RE:Back in the indexGot to be more to it than that joh, failure is not an option while success is within reach....those merging and/ or being acquired look to have few to no options. FIRE has options, with Beena and team having the restructuring more or less completed cash on hand, cash positive on the balance sheet, etc, there are definately options.
For one, they could organize a good group of small batch growers and put together what ever way necessary to maintain and improve on a menu of the highest quality...it has to maintain the craft level of TLC in order deliver that level of quality, it what it is all about and will only gain in importance with more folks all the time enjoying that premium quality.
I don't have the books, nor any way of knowing what is available, or not, to Beena/team from here but I think this company can make very much more from here, in this 'budding' industry... there would be plenty of options for this company I am sure but nothing would come close to seeing Beena getting the show on the road...of which is hardly her's/team's fault, this company is a solid survivor today, on it's own and very able to carry on to much higher levels of success. JMHO...Opt
johnale wrote: i checked website - hmmj - the last update for prior day holdings was december 11, and we were not on there. so that 900k MOC buy friday was another fund, and not HMMJ.
so HMMJ has yet to buy - bodes well for some future positive price action.
although they have a bunch of smaller positions under 0.5%. So I doubt well get a 2% position.
but with consolidation coming (tilray/aphria) I wonder how the fund will adjust - as they will be overweight the top 4/5.
still seems like we are being accumulated/certain funds taking positions. except MM who seem to have lightened thier position a bit. maybe strategically to help another get a position. (hopefully?)
Im still at a loss as to how our market cap is less than TGOD's - its larceny.
given the consolodation -
canopy shutting down greenhouses - highly unlikely they buy another one.
aurora should be left alone.
leaves Cronos - with all that cash.... I could see them merge with Village to counter the aphria move.
or aquire a FIRE, even at .50 would be a fraction of their market share.
I think this tilray merger will set off a chain of events - this is the first shoe to drop. Next 6-12 months will be very interesting with USA legalization, and other M and A.
Im hoping we see many multiples of the current share price in that time. 3/4/5/6X. well see.