British American Tobacco Industries, p.l.c. ADR (BTI) Social Stream
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$HCMC if I were $BTI the. I would put in a speculative bid of 520-580 million into the company to double down on lawsuit win potential. If they win it brings back double. If they don’t they already have lawsuits for similar tech against $PM and gain a new revenue streamsrikanth96, published April 8, 2021
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$OGI Some of our bear friends like to say US Legalization means nothing for a Canadian company like OGI. What they don't realize is OGI has been selling their CBD/THC to $BTI since December 2020. BTI launched the VUSE CBD pilot in UK Manchester and will nationalize it. BTI, Kingsley Wheaton, CMO BTI has talked about how he's pushing CBD as one of the consumer spaces he is eying.
The intentions are clear from what BTI will do...BUY LOTS OF CBD/THC from OGI and put it into markets with accessibility. On top of that develop regulatory strategies to increase access to market with higher restrictions like the US, AU, etc...
When Senate Majority Leader Chuck Schumer delivers on Biden's campaign promise of decriminalizing weed, the US will open up to ANYONE. When your method of producing THC/CBD is 10x cheaper than the next, and purer too, you know who's going to buy your CBD/THC to make cookies, candies, vapes, etc... Common sense.
@bbanzai In acquisitions and partnerships, the first cost is the smallest. If $BTI were to purchase a majority stake, that would be around twice as much as current. If they wanted to fully acquire $OGI and accrue its assets and earnings and personnel into BTA then they would have to pay 5-10x - the cost of that higher end doesn't have to be distributed via cash. It can be a share swap into BTI stock which is more fungible._flipper_, published March 17, 2021