Post by
Progressive on Dec 20, 2017 6:22pm
I hope we get taken over
I really want this done, I own both and only see another canopy company in the works. They said that Canopy will control 20% of the Canadian market when legal. If these two companies wait too long than the opportunity to be bigger than Canopy will pass them by. They have the potential to be the biggest player in Canada and worldwide. IMO. GLTA
Comment by
Egreen23 on Dec 20, 2017 7:59pm
No you do not have to be the biggest to make tons of money but you have to make good decisions. Look at the facts.
Comment by
Egreen23 on Dec 20, 2017 9:00pm
Agreed. Make our votes count.
Comment by
thorgb1 on Dec 20, 2017 10:02pm
You realize if ACB succeeds in acquiring CMED they will have ~600M shares fully diluted. Do you really think they can justify a $6B market cap, which is what a $10 SP would represent? Upside is extremely limited from here for CMED shareholders. It's much more reasonable to see a $1B market cap for CMED, which would mean a ~$48 SP, so more than a double from here.