GREY:FFLWF - Post by User
Comment by
Invest142806on Jun 04, 2023 12:15pm
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Post# 35479173
RE:RE:RE:RE:Just My View
RE:RE:RE:RE:Just My ViewI wouldn't worry about that right now. ACT would lose a substantial amount letting it go bankrupt, for two reasons. One they have a good amount in the game, second they can't purchase it outright. Some of the countries they operate in, cannabis in an illegal substance. I can't see a company like ACT buying until atleast the states re- schedules it. I would think at todays prices they will exercise thier warrants and FAF will have enough money to make cash flow positive. I back this theory uo with the fact that they just signed a master license agreement and are changing the name of thier co- located stores, with two more coming. If ACT thought they were done, why would they allow this. We only know what we are fed. The actions of the companies operating in that space says it all. I think we are fine for now. Nothing substantial has happened that would represent this stock price. There will be an announcement good or bad. It will either back up this drop or it will be positive with a huge upswing. Goodluck everyone