Experion Holdings Ltd. EXPFF

Citizen Stash CEO Talking About M&A In The Cannabis Space

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Listened to CEO Jarrett Malnarick's presentation at the Virtual Investor Conferences in 30th June 2021. Some telling quotes from him when asked if Citizen Stash was in talks with other companies and if so, how the talks were going: "We have seen 2020 and 2021 be a year of consolidation. We've seen a lot of people pair up and complement each other. There'll be winners and there'll be losers. Who has the business plan and can execute and accelerate their business plan with a strategic partner? Those are all things we're considering, absolutely. "I've said from day 1, we're going to max out of our facility. We cannot produce more than what we are going toannually put out probably for 2021 and 2022. So, we're going to have to partner with someone regardless. We're hoping it's someone back East. They'll be able to help us control our products in the Eastern markets. That gives us instant cost savings on shipping. "We're looking for partners already. Now, those can morph into larger conversations. Can we do something large together? Is there a way that if we combine our companies can we accelerate our business plans? So, just the market itself is becoming a consolidated one. We're talking to companies as a strategic operational opportunity but those are becoming a larger conversation. If anything does come out of it, of course materially we'll let the market know." You can listen to the entire presentation by using the link below: https://www.virtualinvestorconferences.com