RE:Big Pharma Soon? We also believe that Big Pharma will inch forward soon. Pharmaceuticals displacement by cannabis is going to happen with or without Big Pharma, and we expect the industry to be proactive in Canada, where it is free to easily conduct clinical trials. Several LPs are pursuing this currently. We are aware of relationships between two larger LPs and pharmaceutical companies, but there is no equity investment yet. This will likely change, and we think there could be a full acquisition over the next few months, though this would likely not involve one of the larger LPs.
Perhaps the consolidation we envision in the coming months will be a catalyst to end the recent slump in stock prices.
Full Article :
https://www.newcannabisventures.com/more-industry-consolidation-and-13-stories-from-new-cannabis-ventures/
Peyton wrote: I cant copy and paste this but read Alan Brothstein newest newsletter from New Cannabis Venture