OTCPK:GBGPF - Post by User
Comment by
MartialArtson Jan 26, 2018 11:28am
71 Views
Post# 27440940
RE:Focus on numbers not emotions Monsters!
RE:Focus on numbers not emotions Monsters!
I agree we need to focus on numbers and your one month lows are accurate but the market is just starting to understand the world wide consumer demand which is now masked because it's illegal in most jurisdiction. Unless WEED.TO crashes, it's the guiding light and it's very strong today at +8%.
Yes, there are some short term head winds. Even in the US, it's not fully legal even in states that have made it legal. The Federal status on Marijuana is still "Class 1" - no valid uses and highly illegal. So the stigma is there. In Canada, the stigma is slowly fading as people are just starting to have open discussions about legalization which is in just 6 months. That will go by fast.
So this is a great opportunity to own one of the best quality stock out there in the $30s at sub $1B market cap. The market is irrational indeed! ACB made a revised offer which is just over $1.1B but the door is open for Canopy or Aphria to steal this prize and clear market leader. Cannime has decades in growing experience and cannimed oil production yet it trades in the same valuations are new market entrants that just started. Simply insane.
CMED ending in someone else's hands would be an absolute coup for APH or Canopy! Providing one of these big players a huge producer of cannabis oil while sending ACB into the dumpster as a has-been contender. Remember, ACB is McGreggor, a loud and flamboyant opponent who has problems meeting its word. WEED the undefeated champion that remains with a perfect record and is far from retirement.
The story on this name is far from over. At worst, it merges with ACB at 3.4x ACB per CMED. At best, the sky is the limit teaming up with one of the other big players. I didn''t like the HIP merger so I'm glad it's off the table. So the "ACB 3.4" Offer is the new minimum at this point.
You can be assured that Zetll and a number of CMED loyalists would chose "Anyone But ACB" and I would be a vocal supporter. So ABACB is not out of the question if you read the Press Releases very carefully! Zettl is not a dumb man, given the choice he would rather team up with a "best of breed" than be consumed by a company he has little or no respect for based on his past comminications and valid critical claims against Aurora.
Again, let's focus on facts and most probable outcome.