Assuming this TH is the $20M Canadian revenue acquisition & the Due Diligence waved the checkered flag.
IMO this is huge, I honestly thought with new management they would throw out anything to do with former management & another acquisition of sorts would be searched & found in due course with Xu’s apparent Canadian contacts.
I gave up on this deal eventuating.
If AB, XU & co have gone ahead with this knowing there’s a legacy with it’s origins to the disposed management & it’s acknowledged, for the good of THC & all it’s SH’s that’s a decent level headed business deal to go thru with.
If that’s the case I’ll be the 1st one to dialup AB & give my congrats.
With details / financials pending, the likelihood having THC’s bottom line looking healthy & possibly in the green in 2018 without any sort of MC sales as yet will put THC in a very unique position (strong unique position).
Of course I’m assuming a fair bit here, but Monday we’ll all see what this ‘material acquisition’ is.
PS. THC listed on 05/04, was planned for 04/20, but was delayed so intention was there so I guess 2018 proved spot on for this announcement.
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