Edit: I'm a much simpler man (indifferent to corporate drama), and my entertainment other avenues as you know....
All comparable moves the past several months have seen purchases in the $26-$53MM range, with those prices including dormant licenses, as well as very modest operations (retail) and "distressed" operations. (And as shared elsewhere, I have firsthand, intimate knowledge of many of those operations from all companies mentioned)
I tend to leave Florida licenses out because FL does carry multiple locations per license with a floating cap tied to patient counts, so, FL values somewhat of a reason for larger value. (Despite now the possibility they will have additional licensing processes in the near future.
One can then add on the various possible events coming the next 30 days where 3 may very well carry a value (by the above standards) as much as both companies cap's combined.
I definitely support it, and the combined value a much higher level than either company's shareholders could have obtained otherwise...Of course, people always talk of 5-10 baggers, but most of the time it's unrealistic, and a shame, as their greed and lack of discipline probably prevents taking advantage of extremely nice gains, but in this specific case......the final holdings by all recent market reactions and standards does actually create something of a substantial value.
You're coming very close to touching on somewhat reasonable today....lol
Note: I still say they both have to get their pipelines cleared out to......TRTC quite a few open applications of significant value, all which should be announced within maybe 3 weeks (WeHo, NJ, NV) and get the NV cu;ltivation pulling rounds and the Dyer location up and beverage line done.
It's too personal to be business.
