Unified Cannabis Corporation isn't yet a public company. They say they plan to go public in their website at the time of the merging of the companies. Therein lies the confusion though. Who are the other parties besides UCC and CNGT? Who are the LP's that UCC is bringing to the merger? Is Invictus even one of them?
CNGT only has a million dollar market cap and the value of UCC is unknown. Where is all their money coming from? Who will be running the new company? Not much info is available about UCC. As far as I can tell, they have just hired people experienced with cannabis and so far don't have a business with any known output. I think UCC is a brand new company putting together all the pieces for an international vertically optimized company.
There are many questions for Invictus shareholders if we are to merge but at this time all are based solely on the two board members from UCC being placed on the Invictus board at the closing of the $5.7M loan, UCC's statement of intent to merge with someone and Invictus' need to have a partner to solidify direction for themselves. IMO It's a strong possibility that UCC will at least try to bring Invictus into their said merger. Whether or not this is good for Invictus is impossible to tell at this stage.
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