Post by
askretka on Dec 18, 2020 7:46am
Lot's of M&A in Cannabis stocks this year?
With a lot of stocks getting hit hard last year and one merger creating the biggest company in the space now. We could see a lot of mergers and acquisitions this year? The licenses and the red tape that the smaller companies have gone through will be quite valuable to some of the bigger companies wanting to grow. Also longer term I think Big pharma will step in to at some point and buy one of the larger well run companies realizing that CBD is a huge medical market that they need ro be in.
Comment by
SecondLast on Dec 21, 2020 11:46pm
I agree that there will be a lot of M&A even the smaller companies, like HBOR are getting involved. I don't think pharma would go for a big producer. I think they target an Inmed or Willow who make CBD through biosynthesus or like Cardiol who does it pharmaceutically