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Drugdoctor

03/15/21 10:55 AM

#10068 RE: railrider #10067

Once again, just proves how UNDERVALUED $SHWZ has suddenly become!

GoldRu$$H

03/15/21 1:08 PM

#10072 RE: railrider #10067

Interesting article that highlights what will be a steady stream of consolidation over the next few years. Although this will be a 7 state footprint, it seems a much smaller operation than SHWZ at this time. There will be lots of work to get each operator on the same page to gain efficiencies, something that SHWZ is far ahead on already.


Transaction to Publicly List a Platform of Cannabis Operators Across Limited License Medical Markets, Newly Approved Recreational Markets and Established, but Highly Fragmented Recreational Markets Where Consolidation Opportunities Exist

Total Initial Transaction Value of $210 Million, Maximum Earnout of $110 Million

Platform to Have Operations in Seven States, Including Nine Dispensaries and Over 300,000 ft² of Cultivation Producing Approximately 120,000 lbs. of Flower per Year

Pro Forma 2021 Revenue and Adjusted EBITDA Guidance of $158 Million and $56 Million, Respectively

Greenrose Intends to Raise $150 Million in a Private Placement Consisting of a Mixture of Common Stock and Debt