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Tuesday, 06/11/2019 5:33:43 PM

Tuesday, June 11, 2019 5:33:43 PM

Post# of 30352
Just a prediction since Jakob Ripstein, now Aphria's president, and one other dude both used to work for Diageo. Pernod Ricard, another alcohol giant, Red Bull, 5-Hour Energy, Nabisco, etc., have all been "tip toeing" around Canada for quite awhile now. Coca Cola and Pepsi were also talking with some Canadian dope companies as well. Maybe they're all waiting for pot to become federally legal in the U.S. before making a move since we will be the biggest dope market in the world. Can't tell you when, but it'll happen. It's best for the partnership to be a huge company (preferably an alcohol company) investing a serious amount of cash into a big pot company for it to fly. Molson/Coors investing in Hydropothecary (now HEXO) involved a shit amount of cash invested into a small dope company about a year ago, so HEXO's stock is still in single digits. That's what I've seen. Nothing priced in now. Tobacco co., Altria, threw 4 billion to Cronos Group and stock went from $10 to $25 then sunk. Cronos isn't that big a company and since we already have joints, that partnership didn't make a lot of sense to me. Cronos's stock went up fast, however, but sunk just as fast. The point being, you'll never see Cronos Group below $12 ever again.
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