Aurora want Leaf to be Biggest Weed Company I think Aurora has this complex that they have to be bigger than Canopy," Damas said, referring to Canopy Growth, the biggest pot company in Canada. "And the only guy that can get them bigger than Canopy is MedReleaf."
MedReleaf may be an easier takeover than previous targets, Damas said, because only six people control more than 50 per cent of the company's 110 million shares.
"The people at MedReleaf see the writing on the wall, the six big shareholders, they say 'Look, I'd like to get out,'" Damas said.
"If they can get a lockup, this deal can be done," he said. "It's not a slam dunk [but] that's what my guess is."