If the ‘proposed transaction’ is any type of merger. In particular Eurocann who has manufacturing facilities overseas, makes sense that:
1) write the animal assets off the balance sheet, so they start with a clean slate.
2) sell existing facility in Australia (no point in having facility here)
Sounds promising that Germany will legalise in 2024, so hopefully that creates some momentum going forward.
Just a few thoughts.
If the ‘proposed transaction’ is any type of merger. In...
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