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Re: IPO$ post# 7

Friday, 02/26/2021 8:51:27 PM

Friday, February 26, 2021 8:51:27 PM

Post# of 15
They raised about 170 million to start, and it’s been 12 months since they started trading on the market. SPAC’s have 18 months to do a deal before they are considered invalid. The chances are very good that they are going to announce a deal, the management looks tight and the sector they are in , cannabis is attractive. I attribute the recent softness due to the rough market conditions and panic selling over the last week. In my opinion the warrants are undervalued at this price. Hopefully a deal will be announced sooner than later cannabis is hot.