Aug. 9 at 10:35 AM
$RYM Thoughts on Mondays vote where Green Thumb Industries
$GTII.TSX take an 80% controlling stake in
$RYM by way of generating new
$RYM shares? Going from the current 2.18 million shares to 11.14 million shares....5+ times more!!!...with a current market cap is around
$48M with those 2.18M shares.
Current
$RYM shareholders will get massive dilution. I believe the company will be successful, however this will drag the
$RYM price per share down significantly and they still need to navigate the hemp derived ban scheduled for November/December 2026 that will hinder
$RYM excellent growth in outside dispensary distribution channels like liquor stores, concert venues, convenience stores like Circle K...I believe they are making great moves on the ban..Let's Go!@