GREY:GDBYF - Post by User
Post by
Uknowiton Apr 21, 2020 4:33pm
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Post# 30936012
Good news
Good news Stillcanna and the Sativa Group Great news imo. They will now have their supply channel and this is a far better deal than with Mota. Not to mention this will leave them with over 10 million in cash. Yes there will be dilution but I've seen many companies do very well with 3-500 mil OS shares.
Stil was always well positioned for cash but this will be additional insurance that they will be able to outlast any other up and coming CBD companies through the Covid crisis we are currently faced with. Isolate prices are increasing and there will be far fewer farm producers jumping on the hemp bandwagon this year as most got burned in 2019. This all points to more prosperous times ahead imo. Fighting a head cold right now and I'm pretty groggy but I hope I've made my points clear.