Replies to post #754 on Cresco Labs Inc (CRLBF)

[FUNMAN]

What do you think the odds are that the looooonnnnnnnggggggg awaited deal blows up? That it cannot be properly re-valued?

I think it is better than 50% - 50% that it does not happen by 11-15-19.

The Street sure isn't all pumped up believing it's happening.

The antitrust waiting period for the transaction has expired. Cresco and Origin House extended the date to complete the acquisition until Nov. 15, 2019. Unless there's another extension for some reason, it's about to be a done deal.

If it does not happen, it won't be good for Cresco, but I think it might be good for the industry. The deal has to be revalued, otherwise Cresco is simply overpaying for an asset in an industry that has been going through a PPS recession.

Opinions?