Post by
RReis09 on Oct 22, 2020 12:04pm
Oct 21,2020 Cannabis Sector Is Ripe For More Mergers And
Why the Cannabis Sector is Ripe for More Mergers and Acquisi Why the Cannabis Sector is Ripe for More Mergers and Acquisi Why the Cannabis Sector is Ripe for More Mergers and Acquisitions PALM BEACH, Florida, Oct 21,2020 /PRNewswire/ -- The cannabis markets continue to grow globally and across the North American markets. In the U.S. with the possible legalization of recreational use on the radar, large marijuana companies are looking at a $22.7 billion national market by 2023, and Canada's direct cannabis market is projected to double to 11 billion Canadian dollars ($8.2 billion) in the next six years. The markets are growing and so are the companies. There are two main ways for companies to grow and they are organic growth of revenues and the shortcut; mergers and acquisitions. Experts expect much more of the latter in the coming months. In fact, the competition has already begun with key M&A transactions in both Canada and the U.S. The activity in Canada is focused on the acquisitions of Licensed Producers (LP) and in the U.S. it's the multi-state operators (MSO). In Canada it has been the consolidation of LPs to grow revenue generation. In the U.S. is the addition of brands and retail outlets that is generating revenue growth. Reply
Comment by
TheGrapeOne on Oct 22, 2020 1:12pm
APH has not prospects stop spreading false information and articles that have nothing to do with APH How can a company with only a years worth of funds to opperate and decreasing revenue afford to expand buy buying a billion dollar company? If they expand your shares will be worth $1 after the dilution
Comment by
Plane1 on Oct 23, 2020 8:55am
Time to turn you into wine there grape. So tired of reading your negativity. Off you go to iggy land sour grapes.
Comment by
TheGrapeOne on Oct 23, 2020 10:44am
Not sour just honest, you want to fill your board with sunshine and lollypops with no fact checks or data just lies and made up stories thats on you. I will still post for those who are actually here to learn based on data. Side note not a single person has dis proved me all week. just name calls and people saying I am going on ignore lol Silly pumpers