ICC International Cannabis Corp WLDCF

My opinion on the whole deal

[Ghosttrader11]

I just want to share my opinion on this after the announcement yesterday.

Aurora is about to aqcuire ICC Labs at a valuation of 290 Million Canadian $.
Aurora is valued at approx. 8 Mrd. Canadian $ at the moment.

Aurora currently has 530.000kg annual production capacity.
ICC labs currently has 450.000kg annual production capacity.

With this deal Aurora is able to
- nearly double their production
- gain market entry to the whole south american continent
- gain a state of the art laboratory in the free trade zone in Uruguay
- gain the permission to produce in Columbia and Uruguay
- produce CBD at a much higher rate as the Canadian competitors
- ....

This list goes on and on.

To nearly double their production, they have to pay 1/27 of their current valuation. This is ridiculous.

We don't know whats going on behind the scenes. I am really wondering why the management accepted such a deal. Maybe there are some things we dont know? There has to be something, otherwise i cant imagine why they accepted this deal.

As a shareholder, the company belongs to us. I think there is a possibility that a third party steps in and makes a higher bid for our shares (for example Aphria or Canopy). Especially the sentence "The Arrangement Agreement provides for, among other things, the ICC Board being able to consider a superior proposal in certain circumstances and a right in favour of Aurora to match any superior proposal" lets me hope for that.

I personally will keep my shares and vote this whole deal with NO and I encourage every shareholder of ICC Labs to do the same. I think that people, who invested in ICC, made their DD and are aware of the potential, because ICC isnt one of the overhyped companys that everyone knows about. Therefore i hope and think that many people calculated the numbers and have the same opinion and i dont think it's unlikely that those people also vote with no.

[Hopeful75]

I suppose we are all entitled to our opinions and yes we all need to vote. I currently own shares with both companies and i stand to gain from both..but let's say that Aphria or Canopy make similar bids.. unfortunately we have already signed and agreement therefore we get penalized with that ..and if we were to get acquired by Weed or Aph we would in fact get a smaller return for our current

[Hopeful75]

I just wanted to make sure you understand what's is at stakes here with us.. i would personally rather have a ratio of 24 -1 instead of what evee garbage weed or aph would offer us... the company does belong to us and the only way we get more bang for our buck is to either take ACB deal which i favor or i buy more ICC shares.. food for thought.. again same side here. I'm glad that we are