RE:RE:RE:Re:RE:Agraflora acquires Farmako for $11.5M in shares
For what Farmako has in their possession and their potentials with the proper management and sourcing from AGRA, be glad that they crapped out so can snap them up for cheap.
The writer that thought the price was expensive because of their revenue so far this year, didn't take into consideration of what they could achieve if properly run. Had a hard time finding suppliers? Not anymore. And the writer should also study to see that past buyouts on Canadian soil, in the hundred(s) of millions with less or a lot less to offer. Before, AGRA has access to distribution of rec cannabis in Europe, with this deal, they now can supply both rec and medical.
Talk of competitors spring up around them is fine and dandy, but how many have suppliers with huge greenhouse? Can't wait for PSC to be licensed and then everything will come together. Canada, Europe, Asia... how can anyone not be excited?