I tend to agree…
SAFE has long term implications for cannibas industry in terms of cost to transact and profitability. But I can’t see their vision here with hemp and a merger and acquisition strategy to become vertically integrated, open new markets as reliant on unknown conclusion of SAFE legislation.
What impact I see short term over the next month or two is SAFE legislation can bring both institutional interest and liquidity to all things cannibas, hemp included…. So as the phrase goes.. timing is everything!
Regarding the recent delay here…. Certainly with all this firepower and experience negotiating the EP asset deal and possibly others, certainly though they are aware of tax avenues and strategies to mitigate impact upon closing…. The strategy is merger and acquisition so I am sure there isn’t an unknown suddenly popping up in this regards.. this is what these negotiators do!!
Quite possibly, the positive movement from POTUS announcement and increased odds of SAFE has other entities seeking out LB and team wanting to jump aboard.. LB is all in for confidence on Twitter, so maybe we do indeed have a much bigger fish or two wanting to jump in our pond!!
The recent communications hint at announcements forthcoming. Investors best not fall asleep here! GLTA.
Market Data 
Markets 
AI
