So you're saying it's not a legit objective of public companies to use shares to finance acquisitions? Why else would they go public then? He gave up almost half his company for this purpose, so there must be some benefit. To him and us. I see every single pot stock out there doing this exact same thing to finance expansion, so it's not like it's shocking or unexpected. Do not fear growth! Most times the stock price goes up when they acquire assets. I've followed this industry for a few years and nothing JC has done is out of line with the sector in general. That includes a R/M with an OTC ticker. They all did it.
The only downside would be to issue shares for debt financing. A lot of cannabis companies do that also, but as of now there's no indication GRNF has a need for that. We'll see once the fins are published.
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