GREY:CNTTQ - Post by User
Comment by
Labsys7on Jul 18, 2019 3:35pm
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Post# 29936380
RE:RE:RE:Two Companies
RE:RE:RE:Two Companies The sale of any assets would not be legal while there litigation pending. That said , at some point when everything is said and done, TRST may be attractive for a buyout but then maybe not depending on the outcome.
EdiblesRlife wrote: They could buy assets free of liabilities. Also, wait until Health Canada makes there call. No point in acquiring it yet until it's all known. But all the companies see how undervalued canntrusts assets are at the moment, hence why they would look for the acquisition
Labsys7 wrote: "So far, none of the producers that were approached to potentially acquire the embattled cannabis producer have expressed interest in advancing those discussions to a stage where a deal is close to being made, the sources said.
"The contingency liability is too high," said one of the sources, in reference to the potential legal and financial obligations that a buyer would inherit."