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Sunday, 04/07/2019 8:59:38 PM

Sunday, April 07, 2019 8:59:38 PM

Post# of 1951
Cool! We made Forbes: https://www.forbes.com/sites/alanjbrochstein/2019/04/07/mergers-and-acquisitions-light-up-the-cannabis-sector/#3aa3ac55887e

"If one takes the closing price of Cresco Labs on Friday of C$16.55, then Origin House, upon consummation of the transaction, would trade at C$13.95, yet it closed at C$12.57. For anyone who wants to invest in Cresco Labs and who expects the deal to go through, paying C$12.57 for Origin House is ultimately a cheaper way to do so, as it represents a discount of 10%. Again, this bargain works only if the deal closes, and, of course, there is no assurance that Cresco Labs won't decline in price, so there is no free lunch unless one sells Cresco Labs to buy Origin House (and the deal closes on the proposed terms)."

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