GREY:CHALF - Post by User
Post by
DeeperValueon May 27, 2018 8:35am
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Post# 28085658
Cali and NV Deal
Cali and NV DealThis LOI to acquire large operations in NV and Cali is paradigm shifting for GLH. Valuing 70k+++ square feet of licensed grow space in the most premium jurisdictions of Cali and NV at 25% of the company + $8M is a steal. On a pure sq/ft to sq/ft basis that would equate to GLH having about 200k sq/ft. Were not even close. And with our 140M market cap that would be equating the acquired company at roughly $40 Mil. Would you say 70k sq/ft of licensed and cashflow positive grow space deserves more than a $40m market cap?
This will all pair perfectly with the Chalice dispensary expansion which is agressively claiming territory, and other GLH products. Vertical integration is key for robust growth. Synergy.
See you after conference call on Monday.
DV