Kaycha Holdings agreements are solid with royalty
Post# of 2022
While it is easy to discount this based on the fact Mass. coming on line soon and EVIO can make it as a stand-alone. Tt really makes even more sense especially if EVIO merge or consolidate regardless of who the survivor is. Now they are getting an entity with 2 fast growing businesses with more experience and synergies unparcelled with either going alone. As upper management has so many redundancies with dual positions the savings alone would be astronomical with the current size of both companies. IMO, they could merge as equals even though Kaycha is larger especially knowing to go public is very expensive and with that the advantage goes to Evio.
In conclusion I do believe their is a grandiose plan somewhere whereas together they will become a much larger market cap than even the most optimistic could even imagine as everything needs to be tested whether hemp, vapor pods, raw marijuana, edibles, and every imaginary product coming. My belief is a merger of equals is the logical conclusion and whomever survives really doesn't matter. Thus I believe Carter is right with merger/acquisition just don't know or when!
Again with Mass. everything changes even for the boys in Florida as I believe %3-4 MIL is doable with Mass. alone and makes this possible more than ever!!