RE:MergerI dont agree. Pot "farmers" - Licensed Producers - are a dime a dozen. Millions of square feet of grow space is coming on line, the price of dried bud is dropping and that's going to continue. Small pot growers are going to be squeezed out of business, or forced into niche markets like local craft breweries. Some larger pot growers are going to collapse financially.
Valens has an enviable place in the industry. The wholesale prices of the bio-mass they need as input to their extraction business are just going to keep dropping. The value-add end of the business is exactly where they want to be. The deals they already have in place are crazy - Shoppers, Icon, and 6 of the largest LPs. Valens is ahead of their competition by every measure except stock price and I believe that's going to change by the end of October, after they release Q3 financials and make a bunch more announcements. That's why shares in this company are still a heck of a deal now, and why I'm still hanging onto all of mine.
Probably many pot farmers are wishing they had bought Valens a year or two ago, when their share prices were double or triple what they are now, and Valens was just getting started. That train has left the station - the days of LP's having the equity to pay ridiculously inflated prices for start-ups is over. The struggle for survival among the LP's has started. Valens is riding the wave, and that wave is going to turn into a tsunami soon.
Also just my opinion.
quote=allibabba]This is just my opinion so please dont get upset over my post. I believe that to make it big in this business, there needs to be a merger with a major player. i think that vgw and labs are both great companies with a good piece of the pie for now. I think that the difference maker will be who is first to merge with a big player. If either one of these companies merges with a company like curaleaf for example it will put them at the top of the pack. Stand alone extractors will survive but with a much smaller piece of the pie. At this point in time I think its going to come down to who can bite their ego and make the tough choice to merge Into the beast of the mj sector. again, just my opinion.[/quote]