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Re: Pencow post# 62114

Saturday, 05/08/2021 6:33:03 PM

Saturday, May 08, 2021 6:33:03 PM

Post# of 69610
I totally agree. And for big tobacco, it's easier to spend money on a known product (so... buying an existing company) then it is to gamble on doing it themselves and hoping to get it right. Most times that big tobacco tries to do it themselves, they almost couldn't do worse than they eventually do lol. One of the big tobacco brands spent billions to get a piece of Juul for the vape market (Altria perhaps?), and huge money has been spent on buying/investing in cannabis companies. Even big alcohol gets involved, as I think it was Constellation Brands that spent billions on getting part of one of the big cannabis companies. Hempacco will be a huge buyout target in my opinion, and they won't go cheap (if they even decide to sell some or all of the company). But that potential will drive up the share price as well. Maybe it's premature to compare Hempacco with monsters in other industries, but I honestly see a multi-billion dollar company that is the top dog in its industry. And this isn't some 10 year road map like Amazon. This is all happening now and over the next year to 18 months. This stock still has much, much higher to go in my opinion.....


Big tobacco companies won't roll over and play dead while their sales and revenue shrink. If hemp starts to increase in sales you can expect some competition from big companies that have lots of capital and manufacturing capacity. The potential is also there for a buy out