GREY:SNNVF - Post by User
Post by
rborhion Jun 07, 2018 11:59am
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Post# 28139900
Warrants and options
Warrants and optionsI saw in my voting package that there are options and warrants priced in the $3 and $4 range. This could be what's holding the stock back, as that's a pretty good spread between the current share price.
Once SNN is up and running they will be a takeover target. Others like Hydropothecary are hunting for acquisitions, and massive companies in tobacco and liquor have hardly touched on cannabis yet. We will see what happens once recreational goes legal in Canada, if mergers and acquisitions start to pick up. Tony obviously has a history of building up an excellent company and selling it.