Post by
7Twiggy on Jul 06, 2015 9:18am
Is this merged company in large pharma cross hairs?
Never paid attention to medical marijuana stories until I saw a TV documentary about 6 weeks ago about a family that had a young daughter that was critically ill. She was having around 60 to 70 seizures a day. The documentary went on to note that when the daughter was given medical marijuana her seizures dropped to none or one a day. The story went on to explain the difficulty the family had in obtaining the drug for the young child. Don't recall seeing much more about marijuana as a medical drug until last weeks Globe and Mail article about the merger of BED and TWD. Added both to my portfolio as I am of the opinion more Doctor's will be looking at this to treat their patients. I wouldn't be surprised to see this merged company looking for further acquisitions. That is unless a larger pharmaceutical company acquires them first. Wouldn't be surprised to see large pharmaceutical companies already having this merged company in their cross hairs. Valeant one of the larger pharmaceutical companies has made it their business to acquire smaller drug companies. Steadily eating them up all last year. Sold my Valeant shares way too early. Up almost double since I and the chart just seems to continue to move up. This play should be fun to participate in.