I haven't looked at this spac yet. If the deal goes thru, I'd wait for it to settle before considering.
Most of the canna spacs have been absolute dog dung. Maps, leafly, the parent company, greenrose, Ceres, glass house..etc
I'd prefer to add to a proven operator versus an unknown / over priced spac deal.
Why take the risk when you can buy leaders on sale?(my initial thoughts, without looking too closely at it.)
Trul, GTI, verano, Cura, Cresco, AYR, terrascend ..etc.
Glass house is the only one I currently own, and bought in the mid $3s...heavily discounted.
With markets on suspect footing right now, I'm raising cash levels & only allocating to leadership.
