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Re: GreenKnight post# 93396

Thursday, 10/25/2018 9:08:59 AM

Thursday, October 25, 2018 9:08:59 AM

Post# of 128592
Absolutely, we've seen the increase in M&A talks.

The same reasons valuations have been difficult for Analysts, are the ones management teams are struggling with when looking at buying a stake in a Cannabis company.

At some point valuations will be agreed upon and pent up demand will drive an increase in completed M&A's.

Cannabis companies don't want to sell themselves on the cheap so the low share prices we're seeing may not help to move M&A activity.