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Abattis Bioceuticals Corp ATTBF

Healthcare Drug Manufacturers - Specialty & Generic Cannabis
Abattis Bioceuticals Corp is a Canadian life science and biotechnology company focuses on aggregating, integrating and investing in agricultural technologies and biotechnology services for the legal cannabis industry. It is primarily engaged in producing, licensing and marketing proprietary ingredients and formulas for use in the biopharma, nutraceutical, cosmetic and animal nutrition markets. The company is also engaged in growing, extraction, testing, propagation and online distribution.


GREY:ATTBF - Post by User

Abattis Bioceuticals Corp
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Post by CannaRocketson Dec 28, 2017 3:59pm
311 Views
Post# 27240358

GOLDMAN SACHS - IMH an acquisition target?

GOLDMAN SACHS - IMH an acquisition target?

https://technical420.com/cannabis-article/3-cannabis-themes-know-goldman-sachs-upgrade-canadian-ma-activity

IMH considered an acquisition target by Goldman.

Fully funded 15,000 KG to be completed by July 2018 in Alberta (only other licensed producer in this region that is advanced is AURORA, and we all know how aurora loves to get their hands in everything like CMED).

I think they could get acquired at $6 just based on quick napkin math. (P/E of 20 on profits of 30 mil -> $6)

The sales license de-risking can definitely make this posible.

 

Disclosure : I own IMH shares!

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