Control their own DESTINYTerry Donnelly and company are to be applauded. They did not sellout, they went out and acquired what is needed to continue to move forward.
Again, it is worth reiterating, patience is a virtue.
The Zoomer crowd understands this. Q3 financials for current business should be out tomorrow. Hoping for great news, although, the real great news will come over the next 3 to 9 months. Buy and hold!
For those worried about dilution, Hill Street has a very modest number of shares issued. This deal pretty much doubles the value of the company, while providing exceptional cannabis product, and a facility in which to build their bottling facility adjacent to their own OneLeaf production.
Numerous great news items in this press release, not the least of which;
“Each of Hill Street and OneLeaf believe there is significant opportunity to grow their brands, as well as provide co-packing services to many companies wishing to enter the cannabis beverage market but who do not wish to operate their own packaging and production facilities. This includes major multinational beverage companies, international cannabis companies looking to enter the highly regulated Canadian market, and licensed producers looking to produce beverages using their own cannabis extracts.”