Why did Microsoft, Apple, Amazon go public? Those guys lost hundreds of billions of equity giving it to shareholders. Why would any company go public? They all started with one or few owners. Because it's much easier to finance investment and grow your company when you have shareholders giving you money.
What is lost on some of you is, yes he gave up 44% equity to get the company public, but the benefit of doing so far outweighs staying private. Especially in the cannabis space where it's much harder to get financing. Yes, that probably means he'll increase the AS at some point and fund some investment with shares. But if that leads to growth and increased shareholder value, and it will, then that's what he should do.
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