GREY:IVITF - Post by User
Comment by
Eoj123on Feb 12, 2020 8:07pm
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Post# 30682847
RE:Take Over
RE:Take Overburnout29 wrote: I think one of two companies that could take over Gene is Canopy or Aurora ,This year will be the year of take overs,To many in the same market,Thats why these stocks aren,t moving
Think about that for a moment, why would either one of those two companies or any other company for that matter, need more growing capacity?? The reason the MJ market has crashed so hard is because there has been way too much capacity built for the current demand. So if anybody is buying anybody it would have to be for very stratigic reason of synergy (buying a warchest of cash or strong management, neither of which Invictus has) or it is going to be at fire sale prices, possibly via receivership/bankrupcy liquidations. IMO of course