Neptune Wellness Solutions Inc NEPTF

Good news

[Johnny1a]

Near Billion-Dollar Cannabis Acquisition Signals More Hyper Valuations to Come

43 minutes ago by PR Newswire

 

USA News Group - As part of its recent cannabis M&A spree, HEXO Corp. (NYSE: HEXO) (TSX: HEXO) spent nearly another billion dollars, acquiring Canada's largest privately-owned licensed cannabis producer Redecan for C$925 million. By adding Redecan, HEXO continues to grow its large portfolio of brands and production operations, as well as new cannabis 2.0 extraction-based products. Because of the size of the deal, the potential values of other Canadian cannabis brands, producers and extractors could be on the rise as additional M&A activity begins to swell in the leadup to potential legalization in the USA. Other Canadian companies that have been positioning themselves in this field include Pure Extracts Technologies Corp. (OTC: PRXTF) (CSE: PULL) (XFRA: A2QJAJ), The Valens Company (OTC: VLNCF) (TSX: VLNS), Medipharm Labs Corp. (TSX: LABS) (OTC: MEDIF) and Neptune Wellness Solutions Inc.(NASDAQ: NEPT) (TSX: NEPT

[mcamm10]

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[Johnny1a]

To me good news in regards Neptune is deemed a worthy company for extraction. All  others mentioned are all over the counter although not familiar with other extraction company's  

[mcamm10]

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[Johnny1a]

Totally agree many can't see the Forest for the trees. And what the enormous possibility's are. Most focus of stock price. I focus on the divertisity and Neptune isn't a nickel and dime extraction company. This company is like a car in the dead of winter. It's just starting to warm up, and when she is hot look out.