Lets hope INVICTUS MD can build scale in this Hemp,CBD area as it looks like it is the Wild West of M&A activity EX. see "Tilray acquired Manitoba Harvest for C$419 million which is the largest acquisition in the company's history".
I am in hopes all of this overpaying for assets by competitors to build scale, allows INVICTUS MD to penetrate with a more focused battle plan.
For those wondering why I even take 3 seconds of my day to question ABG focus at times, here is an example of TILRAY move to partner with ABG (who is building out all Invictus brand marketing.
"Tilray's only relevant move (referencing CBD) was the deal it struck with Authentic Brands Group in January 2019 whereby it will pay up to $350 million to ABG in order to receive 49% of revenues from selling AGB-branded CBD products.
Third Leg, please tell the Invictus team to keep ABG on schedule, focused and to sleep with one eye open, until they reach the finish line.
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