RE:peopleilltouchyougood - (2/9/2021 6:14:51 PM)
people nothing has changed. zenabis will get bought out. hell, aurora will be bought out! Watch what happens when the US gets their lending in place, the big MSOs will go on a buy spree.
While I wonder just how 'formal' and serious Zena's talks were with that other Canadian company on a merger - I do think that a merger is the best course.
That said - per your comment - I think a buy out/merger from a U.S. company, not Canadian - would be the smartest play by far. It would be attractive to the U.S. company - who already has infrastructure in place in the U.S. as required by law - to access the existing Zena facilities, probably at a discounted value?
As far as lending - until cannabis is legalized federally and not state by state - U.S. companies will continue to have difficulty borrowing money at preferred rates.