Alright, I will spell out the key takeaway from the previous article. Cannabis companies are growing, they are expanding, and they are taking over smaller companies. Huge capital raises are necessary, because most companies see the need to expand internationally. The amount of money required to expand internationally is far greater than most companies can raise in a private placement. Finally, grow facilities are expensive to build and operate. So companies with dispensaries are gobbling those growers up to meet their needs.
(2)
(0)
Univec Conglomerate Inc (UNVC) Stock Research Links