Cannex Capital Holdings Inc. - Ordinary Shares C.CNNX

RE:RE:Eight Capital

[thorgb1]

It’s not the transaction that is taking this additional time, it’s the DOJ and the antitrust review. No one could have anticipated it or expected it, but it looks like the DOJ will do this with all weed merger deals now. It’s also delaying the closure of HARV/Verano. Just the AG flexing on the sector a bit because it’s all they can do at this point. Frustrating, even more so for 4Front holders who can’t trade, but they will get through it soon.

McGeezer wrote: I have to say, this merger deadlock is quite embarrassing for the new company. A NR would be grateful at this point as it appears this stock could go sub 1$ as everyone is being stopped-out at this point. The longer this official transaction takes to complete, the less interested investors will be. I still think this is a great company which I'm invested in for long-term, but the stock market can be a cruel, punishing world which doesn't necessarily always reward such businesses. Would love others' thoughts here....