Aug. 1 at 1:29 AM
$HITI lets see a bidding war between
$CRON &
$SNDL once Canadian regulations change regarding producer and retail custody. At this moment in time
$SNDL would have to dilute their investors ~500,000,000 shares just for a shot at buying HITI with all their cash as well. CRON on the other hand could buy us with ~70% cash or perhaps 100% cash if
$MO steps up their interest. Altria could be waiting for S3 to buy out CRON completely or might take more interest if Canadian custody laws change.
We will have our day in the sun, it just might be a while, however, Raj does need to make a splash in the short term to drum up some interest.