RE:TerrAscend: A Potential Partner for GrowthSpeaking of potential partners...
Nextleaf is pleased to announce the addition of Sam Kassem to its Board of Directors pending the issuance of his Health Canada security clearance. Mr. Kassem brings unique qualifications as a CFA charterholder with over 10 years of operational experience from servicing cannabis and hemp processors around the world. Sam Kassem is Co-Founder and President of Root Sciences Inc., one of North America's largest providers of end-to-end processing equipment solutions.
Could be interesting.
Adventurous wrote: May LABS rest in peace.
If you want to talk real life, see my post on April 28 where I commented on the coming on board of the new Nextleaf CFO, Kevin Keagan. He is coming from the US company TerrAscend which seems to be cash-rich and looking for vertical integration. A quick search on Keagan led me to think he knows Paul for a long time. Having him on board would greatly help smooth things between the two potential partners, nicely completing each other, with a foot in each country.
If that's the plan, Paul's vision is again ahead of the curve.
Any discussion on a merge or strategic partnership should however only take place, from Nextleaf's standpoint, once Glacier Gold has shown its whole potential and the share price is reflecting this, say in the 30-40 cents range in early 2023. This is also after the US mid-term elections when discussions on a Cannabis Bill would finally have a chance to be in full swing. A good partner is one thing, but timing is everything.