RE:RE:RE:Likelihood of ACB-CMED mergerFuzzyfoot wrote: It's leased from the federal government. Basically get's free airport security.
It is literally on edmonton international airport grounds.
So you honestly think the share price for Cmed (which has zero exposure to the recreational market currently) is going to stay at 27$ or even go up if the aurora deal gets dropped?
What would justify a 600 mil - 1.2 billion dollar company with 7,000 kg of strictly medical production leading up to july 1st if there is no aurora or newstrike merger? Legitimately curious, please explain your thoughts and why cannimed deserves to be a billion dollar company on it's own?
Lets see:
--14 years of proven execution growing pesticide free, contamination free GMP compliant MMJ
--Acquisition of a rec platform via HIP
--Entry into the US medical market via the Michigan application
--Direct oil sales to the Caribbean and Australia
--The first phase of a 50M bottle oils facility coming online this year
--An exclusive supply agreement with a 700 pharmacy chain
--International distribution with a major pharma distributor provides European expansion initially targeting 22K pharmacies in Germany
in the current climate, this is a $1B market cap minimum. I think this goes $35-40 as soon as the uncertainty around the ACB bid is removed.
I would turn it around and ask on what planet ACB justifies a $5B market cap? They have done a great job ramping up the hype machine and printing paper to get deals done, but it's moving into execution time, and they have no track record of executing. Their flagship facility is looking like it will be a year late, and there are nasty rumours floating around as to why. The market will be watching closely for execution from now to July 1st, and that short attack didn't come out of the blue.