Heritage Cannabis Holdings Corp HERTF

Try before you buy.

[Quailman]

I instantly thought that Canopy Growth Corp would like to buyout Heritage after reading news today. That deal in Alberta  (BRNT) last week certainly suggests they have their ducks in a row and the best people in the business. A industry leader for sure. Just my thoughts. GLTA.

[bober2]

Quailman, if Canopy bought out Heritage wouldn't there be a consoldiation of Heritage's stock.

[Quailman]

I'm not sure of what your getting at? I have had numerous buy outs and the end result was a pile more money. Worst was 30%, best was significantly more than that. If they do consolidate 10 to 1 the price will go up 10x/share. So what? It certainly looks like they will be in the money soon, that is what I'm excited about. WEED is currently 1800x more a share than CANN. I would gladly take

[bober2]

If Heritage gets RS 9 for 1 then in my case I end up less then 10,000 shares because I own 100,000 shares.  Tier 3 companies don't do well after RS in general.  Clint may have no choice but it's going to hurt the shareholders that were going long on this company.  In my 53 years investing the stock market I've never made any money on a RS because your breakeven goes up