This tanked because the sector has been in a down spin for the past year, plus COVID brought to a halt legalization activity in the US.
It has been announced that the deal with Kliron Life Science has been cancelled but as of yet there has been no news that the Arizona Tea deal has been cancelled.
If Mary Brand truly has the value that they are saying then this investment will be perfectly fine.
BR Brands and Dixie Announce Execution of Definitive Agreement
The merger establishes a new cannabis CPG company and house of brands.
https://www.cannabisbusinesstimes.com/article/br-brands-dixie-definitive-agreement/
Point to Remember.
Cannabis has tapped less than 1% of the world market to date.
Worldwide Cannabis Sales to Grow 853% by 2024, New Report Estimates
https://www.fool.com/investing/2019/11/09/worldwide-cannabis-sales-to-grow-853-by-2024-new-r.aspx
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