I find it interesting that Altria-backed CRON has publicly announced that the rumors are true, they are indeed exploring sale options, and CURLF is involved.
Then, almost the same day, both Verano (VRNOF) and CuraLeaf (CURLF) file shelfs for $1Billion each.
Something is up. Either CRON is being broken up and split between Verano and CuraLeaf, or there is some sort of merger between the three companies to form a clear TIER 1 winner... I'm not sure.
One thing is for sure: Boris wants that $838 million in cash, with only $30 million in debt. Pot -o-Gold.
But something is up. These companies might know more than Joe Public about whether or not SAFE is going to FINALLY go to the floor for a vote in the Senate.
Who knows?
Numbers don't lie. People do.
