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Friday, October 06, 2017 9:44:58 AM
I emailed Matt to confirm whether Cannabis Consortium was a subsidiary or a spin-off.
His response: I will state this, you cannot spin off a company you do not own 100% of. I am not doing a back door R/S and no one absolutely no one has to swap their shares at all.
Since he confirmed that CC is a bonafide subsidiary, I replied and asked about the percentage TGGI owns of Cannabis Consortium and what percentage of CC revenues will show up on the TGGI balance sheet:
His response: That info will be in the forth coming report.
I think this is going to get pretty awesome very soon! Better get your 3s and 4s :)
The content of my posts are my opinions only.
This is in no way a suggestion to buy or sell any security.
Consult your own financial advisors for investment advice.
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