PINL:HERTF - Post by User
Comment by
Longongreenon Sep 10, 2018 2:03pm
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Post# 28591711
RE:Possibilities for CANN
RE:Possibilities for CANNGreat post Westcoast. Did you see that Tilray signed an agreement today with Supreme? Hmmm, there's a good example of one of the big boys with huge international obligations now clamouring for capacity. CANN has the promise, through its pending Cannacure acquisition, of massive capacity. Just sayin'...
Westcoast123 wrote: Here are some thoughts for CANN. Just an opinion.
- they can’t proceed with the Cannacure deal without financing from a banker or a partnership deal. Another bank or investor group will want a return worth their time.
- they will have put out more shares in return for cash to complete the cannacure greenhouses.
Possible outcomes:
1. They find a partner with deep pockets to buy into the company and take 25%-50% of the company. Cann then completes the cannacure deal and starts converting greenhouses. Immediate SP increase to .70-1.25 depending on the partner.
2. They don’t find a partner. They buyout the last 25% of PhyeinMed,they scrap the cannacure deal, we maintain a lower sp, they do a raise at .50-.75 to get the rest of PhyeinMed completed. Based on current share count and the lowest licensed producer (other than CANN) is THC at $1, we should see similar pricing.
3. They workout a merger with another LP or soon to be LP. Would be interesting. Lots of LPs looking to secure production and capacity. With CANNs access to 3m sq ft of greenhouse space, I’m sure someone would love to saddle up and turn this thing into a monster.
Just some thoughts.