GREY:FFLWF - Post by User
Comment by
Invest142806on Jun 04, 2023 12:58pm
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Post# 35479205
RE:RE:RE:RE:RE:RE:Just My View
RE:RE:RE:RE:RE:RE:Just My ViewIf ACT buys fire and flower, they will keep the companies separate and the stock will be on its own. They won't want the exposure of owning a cannabis company. They will do like every other company, have a partnership and or access to purchase the comany outright with warrants. If they do buy the comany I think they would keep they at arms reach and spun out from the ACT name. Which will be good for us. The money is there and they already have there own running it. The overall market was in a price war and a race to the bottom before the overall market crashed. We are just getting hammered. Look at the OCS they had a story out about lower margins to let other cannabis companies compete. Which is a load of cra*, they were losing market share due to High tide and now FAF coming out with a sparks discount. It's par for the course. First you get a new product and there is hype, people try to fulfill that market and saturate it, then there is consolidation and a race to steal market share. It's a right sizing of the market before maturity and a few big companies will emerge. Faf , nova cannabis and high tide. Plus some smaller boutique shops. Don't worry FAF won't go under, they have ACT and just had the co-located stores name changed to FAF that wouldn't happen with a 67 billion dollar company. If anything you would of seen they divest themselves. Everything is pointing in the right direction instead of the stock price. Which in my eyes is either a great opportunity or the worst case scenario. High tide buys them at the ten day average. Which would be what I think is gonna happen. I thought with the warrants ACT would own a majority ownership. Anyways goodluck