cash first, then a deal - its called the double tap. First they raise cash, then hopefully the acquire some hungry license applicant with a stock only deal. This was done with MCA - not that it did us much good
people talking like the BED deal was bad, but at least we got something....
just one of an infinite series of possible outcomes - but anything we merge with would most likely have some sort of solvency issue of cash flow problem - or why would they make a good deal? Obviously this deal will make more sense to investors if CGC has a robust war chest.
They raised cash before the MCA deal to make sure they had enough capital to waste on Better oops Main Street locations.
Best deal ever was Tweed Farms, we need to do something like that again.
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