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Re: IlikeMoneythough post# 472

Saturday, 03/16/2019 1:42:45 PM

Saturday, March 16, 2019 1:42:45 PM

Post# of 844
Buyouts are always possible, especially in the cannabis industry lately, but Delta 9 just got a lot more expensive to acquire with the large revenue increase in Q4.

The recent share price rise has pushed the market cap over $100M. That's chump change to their partner Canopy, but I don't think they will sell cheap now that revenue is pouring in.

CEO is young with ambitious plans for the future. Don't know if he wants to become a cog in the corporate wheel of a cannabis behemoth like Canopy or Tilray.

Having said that I'll take a reasonable price for my shares somewhere over $3 :) GLTA