I believe they applied for a retail license last year, but did't get one of the ~ 10-15 licenses granted.
They are in a unique position. Lots of ways for them to capitalize.
Their AMA & Infused / Canna Hemp products are in a lot of retail stores already and growing. AMA could use their own stores, but Infused can flourish without.
Infused / Canna Hemp / Pet chews represents the largest opportunity, imo
Especially when they complete expansion and can sell 6-10Xs the products out of state.
I'm sure they're assessing plenty of options.
I imagine they've probably entertained some buyout offers already. I think they're a big target for big money MSO's. I doubt they care to sell anywhere close to these valuations.
5-7+ Bagger on the table 18-24 months, imo
TGIFF