RE:RE:RE:RE:RE:RE:RE:Merged Co.’s market cap eastcoastseeker wrote: Not sure about the institutional backers BUT.. now that market cap exceeds 1B$ and the fact that the safe banking bill passed out of committe and onto the full house is a very big deal. Once that restriction is removed this sector is going to be flooded with BIG MONEY guys seeking their share
of a market that I feel is going to be bigger than alcohol & maybe tobacco combined.
What are the odds Cresco Labs is scooped up within a year of the removal of the legal restrictions now in place in the USA. My bet is 70/30 they get bought out within a year after restriction are removed.
The safe banking news was the final bit to convince me to dive in deeper with OH, from what I understand we can expect some rapid aquisitions in 2019. I had not considered a buyout of CL, are you thinking a pharma play here?