RE:M&AOldweed wrote: APH takes NUU....ACB takes CMED.....WEED takes ??? or do they partner down south with a NASDAQ listing and big pharma like CRON did?....any insights??
Don't expect Weed to make any acquisitions in Canada. Just look at what Aurora had to pay for Cannimed. Paid way too much and it will be many years before they get a return on that investment. The bigger problem for Aurora is they have no where to sell their cannabis. They have one MOU with Quebec for 5000 Kgs.....that's it. They better hit some homeruns with the rest of the provinces or they will be in trouble and by that I mean serious cash flow problems. Instead, look for Canopy to continue doing what they have been doing......forming joint ventures with local companies in other countries so that there is a link to the national agenda of that country. Canopy gets these deals at a huge discounts as they bring their expertise to a brand new company in a new market. This is by far the biggest bang for their dollar and pretty much guarantees approval in the foreign markets. If WEED ever paid 1 Billion dollars like Aurora did for Cannimed I would be dropping my shares like they're hot. No chance of that happening though. Bruce is a genius and is executing to perfection. Aurora bought Cannimed to catch up to Canopy and for a brief moment they did....right up until Bruce increased their greenhouse space by close to 3 million square feet and Bruce did this at a fraction of the cost of the Autora/Cannimed deal. Genius is as Genius does.