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Elixxer Ltd V.ELXR

Alternate Symbol(s):  ELIXF

Elixxer Ltd. is a Canada-based investment company. The Company has investments and activities in the legal cannabis sector. The Company is focused on investing opportunities in various sectors, with a priority on growth companies that are past the start-up phase.


TSXV:ELXR - Post by User

Bullboard Posts
Comment by kingslyon Sep 25, 2017 9:32pm
58 Views
Post# 26740555

RE:RE:Definition 'Conglomerate'

RE:RE:Definition 'Conglomerate'I hold both as well. Initially I thought it was Canopy.  It would make sense for Africa to be their next target. But, then I got to thinking.  Why would a Canadian LP like Canopy file an application with Zimbabwe and not South Africa?  Zimbabwe had no plan to legalize when application was submitted whereas South Africa was already in the process of bringing medical online.  Out of all the countries Canopy (or other Canadian LP) could have picked, Zimbabwe seems a strange choice when SA clearly would have been the better option. LG on the other hand, who has soldiers with their ear to the ground in Africa (AfriAg) already and an existing facility in a South African SEC zone, would make more sense for them to pursue a similar deal with another upcoming SEC zone in a neighboring country.  The logistics of it all made more sense.

This is speculation of course.  We can't know for sure who the applicant is, but I'm sure we'll find out soon enough.
Bullboard Posts
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