RE:Tilray NewsIf you believe Vibe and its 5 retails stores is a takeout target or a partnership is brewing you are dreaming. Lets assume someone did swoop in now with an offer, what premium do you think they would pay over the current stock price ? Maybe 50% if you are lucky. That would still leave all VCAN shareholders under water.
We will never see Beacon's extravagant target price of $2.60 and I would be surprised if we ever see $1 again. Astute VCAN shareholders sold their Vibe shares when the stock price was over $1. Vibe shares are dead money for the forseeable future. It is no longer an issue of "seasonality" pricing, the sector as a whole is out of favour and nothing less than legalization at the US federal level will change that.