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Replies to post #1793 on Liberty Health Sciences Inc. (fka LHSIF)
Country Squire
02/20/19 11:26 AM
#1794 RE: UnderOath-KY #1793
inforthemoney2
02/20/19 1:26 PM
#1796 RE: UnderOath-KY #1793
A potential winner in this scenario could be Liberty Health Sciences, which presumably becomes an acquisition target now that the specter of foreign LP control has been removed. Why? Because LHS is the fourth biggest player in a state with an exploding medical patient roster. According to the OMMU, the number of active medical cannabis patients has nearly tripled, from 56,537 to 159,107 between December 1, 2017 and December 1, 2018. Dry flower and equivalent sales totaled well over $325 million in the first nine months of 2018, up considerably from an estimated $20-$40 million in 2017. The state’s high senior population—among the fastest segment of cannabis users—and snowbird population makes Florida a high per capita medical cannabis user state. The company also has burgeoning operations in Massachusetts and Ohio
WithEyesOpen
02/20/19 4:06 PM
#1797 RE: UnderOath-KY #1793