Tuesday, December 27, 2016 2:59:30 PM
VBIO formerly STVF made their move into MJ almost 2 years later; first with a name change announcement and redirection of company focus. Their stock experienced the same "accelerated bleed" as STEV and seemed poised for a death spiral yet they rebounded "dramatically" over the past 3 months. Aided undoubtedly by the multi-state passage of legalized marijuana.
What's hard to understand is why the similarities and synergies of the two companies have gone overlooked by both managements. I still believe a collaboration between the two would benefit both companies, maybe the Blankenbaker stigma or ego is to big to swallow.... Hard to believe a MJ company on the verge of Nationally legalized MJ can't make it.... Thoughts?
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