RE:Good ....... I would expect with the new asset light model approach we will be seeing these types of announcements
this is the 4th one in the last couple of months
the therismos one in uk
the delivra one for livrelief
the indivia one for Wana brands
and this one today.
also related the Diablicator which is owned by jetty extracts and terrascend
If you haven't seen it already, TDR put out an interview with Bruce Linton yesterday. It doesn't paint the current state of affairs at Cgc in a positive light by any means, rightfully so.. but he is also part of the reason why current mgmt had to make some of the changes.
I did love Bruce as the CEO, and he commented on the US assets and how he has some...and glad he doesn't own much. He was the one who pioneered the deal with acreage so that was a bit shady. And he was talking about the lawsuits, which he knows are ambulance chaser type deals
bruce did his job in the sense he got Cgc to be a household name at that time. But he also spent a ton of money with buying all these greenhouses etc and over built for the Canadian market which is nowhere close to the potential of the US
He has some valid points, and he is pleased with the new Canadian president of Cgc, which I mean I didn't even know we had one. Thought it was klien.