GREY:CHOOF - Post by User
Comment by
Invest142806on Aug 03, 2022 12:57pm
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Post# 34868531
RE:RE:We the
RE:RE:We the Or they are reorganizing. Getting rid of the losers. Don't count them out just yet. If that was the case, high tide would of bought them out for 2.35 million and took controlling interest in the company. They could of then closed the stores that didn't work. Would have been cheaper than buying 9 stores for more than double that. Remember Aurora owns a good stake in Choom which gives an LP direct channel that they would otherwise not have. Something is happening. Wait it out, can't sell anyways. The best case scenario is better than the worst. If they were going out of Buisness they wouldn't of had Aurora bail them out and get creditor protection. I think they will survive, just my opinion.