Very well said. While investors can hope for the best, it is equally important to prepare for the worst.
It is advisable to work out the stop-loss when the deal is not going as planned. The cannabis market is actually all doing pretty bad recently and it may be the reason why CannaGlobal is holding the deal.
Or may be... CannaGlobal wants to takeover both Derma and Pharma, and in return MXC will get some "equity" of CannaGlobal.
All my estimation only though
AIMO DYOR
Ann: Voluntary Suspension Extension, page-42
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