mymonies, with these significant TXTM thoughts…
I agree with your thoughts. Doing it this way allows for PLPL to not lose or be hit if things don’t work out because TXTM will eventually be judged on its own merits whether they sink or swim.
However, if things turn out to be as big as they believe, which is why they went down this path in the first place, then PLPL will gain twice as much since they are the Parent Company for TXTM.
The difference between most of the MJ stocks versus TXTM is that most of the MJ stocks operate with only having the reach from its single regulated state only. Now, with TXTM, they are operationally structured to have the reach for an entire country. The TXTM position for expansion is far greater in my opinion.
v/r
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