Post by
DariusDD on Jun 24, 2015 10:32pm
I like it
Now that I have had time to digest it I am confident to say that I like this deal and the potential. Sure I feel Bedrocan was worth more than 80 something-cents on paper but I think the two companies together are worth heaps and that is what this deal is about. Besides putting the best medical and recreational MJ companies together and hedging against the federal government, you have in a way destroyed your competitors. This new company can survive without legalization but if the trends and polls prove accurate we very well might have a new government by October ready to jump on board almost out of the gate. Marc and Bruce think they can get 40% of a potential 2 billion dollar industry in Canada alone in the short term... Forget that for a second and think long term... Think recreational legalization legislation...Think brand recognition and pharmaceutical reputation... Think insurance coverage...and perhaps more important than anything else think global exportation. Now that 40x return on investment looks insignificant. Congrats to all TWD and BED holders. Today we took a huge step forward.