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GP65

04/10/18 12:19 PM

#11746 RE: redwagon #11745

Link here: https://www.morningstar.com/news/access-wire/ASW_Accesswire_495666MSN/north-american-cannabis-holdings-takes-next-step-in-reaction-to-recent-acquisition-proposal.html

Whatever is not acquired in the USMJ sale, would not neccessarily be something good for PURA. Maybe/maybe not. Hard to know at this time how it would affect PURA.
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GP65

04/10/18 12:51 PM

#11748 RE: redwagon #11745

I misread initially. WOW! If this goes through, it would be big news for PURA. "Accordingly, any assets, operations and business development initiatives not earmarked for consideration within the unsolicited bid, will be directed toward Puration for ongoing management and development. Among other assets, operations and developments, the cannabis cultivation operation acquisition initiatives in California and Canada previously announced as a joint effort by both North American Cannabis Holdings and Puration are not included in the unsolicited bid to acquire North American Cannabis Holdings. Both the California and Canadian acquisition initiatives continue to develop, and in the event an acquisition of North American Cannabis Holdings proceeds, Puration will continue with the California and Canadian acquisition initiatives on its own."

So, as you surmised, PURA would be getting the California and Canadian cultivation ops, increasing the value of the company and therefore, our stock price.