Steven, in my opinion, JD is not interested in being bought out. I think the insider purchases by Dye are a bet hedge, because we have never been closer to getting the SAFE Banking Act passed. Justin Dye has hinted that a big move is immanent, and he is more interested in being the shark and not the prey. The more shares owned by Dye means he is more in control and I prefer that. Once SAFE is in place and they make the next move on expansion, the demand for share will be impressive.
The IPS post from 12/2/22, listing SHWZ #8 in MSO dispensary count is a BFD.
I'm still holding out for the acquisition of all other Star Buds locations, which would mean 14 more dispensaries in 6 new states + 1 foreign location in Jamaica. The SHWZ footprint would then have dispensaries in the Midwest, South and North East, to compliment what they have achieved in the West, and it would really make the market take notice. But it only happens if all are accretive, if not, the deal does not come to life. Nevertheless, I hope to see a big move soon and a continuation of small shop additions throughout 2023. Dye is not selling, this is just the begging of his game plan and I see him and his team to be superior strategists in comparison to their peers.
In Plain Sight
Re: None Friday, December 02, 2022 4:19:11 PM
Post# 18916 of 18919
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