GREY:WLDFF - Post by User
Post by
Breadcrumbson Nov 22, 2021 7:31am
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Post# 34151866
Continued high industry consolidation
Continued high industry consolidationToday it was announced that High Tide is acquiring 80% of CBD maker NuLeaf for $ 31.2 million. This means that the trend towards industry consolidation continues. If you look at the announcement, you can see that Nuleaf will account for about 20mC $ on the current and future US sales rate of High Tide.
https://www.newcannabisventures.com/high-tide-to-buy-80-of-colorado-cbd-manufacturer-nuleaf-for-31-2-million/
Perhaps a comparable value for WFB can be derived on the basis of this, especially with regard to the "new" pricing when trading is resumed.