Marijuana Inc (MAJI)

[DWillie]

You didn't answer the question. How should they go public, if not this way? What is the better path?

Curaleaf Holdings, the largest pot company in the world with 1B/year projected revenue, took over LDVTF last year and opened at around $9.00 per share on the OTC. I should know because I bought it then.

As has become somewhat common in the marijuana industry, Curaleaf's debut wasn't a traditional initial public offering (IPO). Rather, it debuted on the CSE via a reverse merger with Lead Ventures. A reverse merger involves a private company purchasing a publicly traded company (typically a shell company with little or no operations). This allows the private company to bypass the lengthy process of going public and gives it quicker access to capital via publicly traded markets.

https://www.fool.com/investing/2018/10/31/this-is-the-biggest-marijuana-stock-ipo-in-history.aspx