RE:RE:RE:Aurora should Indirectly Buy Out MedmenI believe that we may see more than one partnership in the form of JV's. With Peltz on board, there will be talks revisited in the beverage industry, and then we will be in the $30/share range. By then the direction of US Cannabis legalization will be more apparent, and then Big Pharma will be stepping up to the plate.
Pinotblanc wrote: Auctioneer wrote: Why on earth would you wish for Aurora to buy more stuff? It has bought plenty.
If anything we should be wishing for big pharma to buy out Aurora. NB1017 wrote:
Just opening a conversation here, what are your thoughts on Aurora funding a buy out of a US company such as MedMen through Australis or Choom? https://www.cnbc.com/2019/03/28/medmens-financial-troubles-are-a-warning-for-the-marijuana-industry.html
Not now, even with a 100% premium. It is improbable that we would get such a deal, so it is even less interesting. ACB should more than double, I am conservative, but it will take some time. A deal with a beverage company could make the price double as it happened with WEED, and I am not in a hurry to see one. It will take the time it takes
for a good deal, not a fast one as many wish. I trust the CEO with the job he made so far, being in so many different sectors. Once ACB is mature enough in some years, I would have to revaluate if it is worth it, depending of the potential of ACB, the div, etc.