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Re: suissac post# 29163

Tuesday, 01/28/2020 10:01:33 AM

Tuesday, January 28, 2020 10:01:33 AM

Post# of 53162
It’s because the BZRTH acquisition was dependent on a rising stock share price. Very few cannabis related stocks are getting significantly rising prices in this environment because a lot of investors have fled the space. That’s why he can’t proceed with the other acquisitions because some of them are all stock deals. What private company is going to go through with a deal if they have no hope of rising stock prices? None. So, we have what we have until the market recovers. If he partners with a significant partner the stock price can rise a lot higher than what it is. Investors were just starting to come back to this space before that Chinese virus.