RE:Cannabis 2020 ConsolidationBNN yesterday said that 90% of all retail sales in Canada is still "Black Market". The problem is the street is half the price.
Not sure if this is true but most people would buy if there were a 20% Delta to be safe but 100% is just too much.
What I like about Nextleaf is they are positioned at an OEM level to generate super-refined oils that can not be duplicated easily at Black Market facilities and not as efficiently as Nextleaf so they are poised to take a good portion of that base.
Buy-out. Maybe . It would need to be quite an offer as the long-range potential profits are pretty impressive here.
JMHO