GREY:DLTNF - Post by User
Post by
Jordan1203on Nov 27, 2020 12:27am
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Post# 31986940
Sounds like somethings brewing..
Sounds like somethings brewing..I'm prob wrong but figured I'd throw my theory out there.. i am consistently hearing rumblings from Ian and John about potential merger and or acquisition in D9s near future. Had me thinking how could any1 be a good partner for a merger when most cannabis business are non profitable and struggling to survive and we seem to be thriving.. it's also obvious John likes diversification and multiple revenue streams.. Flashback to sept/oct when we heard rumblings of second cup being acquired by a MB cannabis producer then shortly thereafter the MB survey for cannabis coffee shops surfaced. Second cup, hemisphere, and Bridgewater coffee are now under the Aegis Brand.. Bridgewater selling coffee hard through Costco and their sales are tripping each year..Royalties from second cups have like 0 risk as well. I direct your attention to their most recent financials.. please review the part about liquidity and hemisphere. https://www.newswire.ca/news-releases/aegis-brands-reports-third-quarter-results-815375943.html Hemisphere will have 7 stores in Ontario asap and I believe they been well received and are profitable.. Then today I see John retweet an article about mergers and acquisitions that he participated in. Also, in the interview on Rich TV today he sounded disinterested in buying up a US company but instead directed the conversation to immediately accretive merger and acquisitions opportunities in Canada.. the last 2 minutes of the interview John let out a bit of a teaser and made it sound like the next news release would be a big one.. I looked at the warrants and I noticed some irregularities I've never seen before.. 2 of the 4 asks were over a dollar.. huge gap between 6.5c bid and 16c ask.. seems like they dont want ppl buyin up those warrants anymore.. The only good company of similar size I can think of that would be a good merger for DN is Hemisphere and Aegis Brands.. gets DN into ontario, increases diversification, gets 7 stores in ontario w great locations that by all accounts are doing well.. Any1 else seeing the connections or am I way off?