Merger Is The Combination Of Two Companies - amazonia.fiocruz.br

Merger Is The Combination Of Two Companies - recommend

Certain liabilities of Ensysce are expected to remain in place at closing, and all of Ensysce's convertible debt will be converted into common stock of the combined company upon closing of the transaction. Ensysce's existing options and warrants will be exchanged for equivalent securities in Leisure on their existing terms with standard adjustments to exercise price and underlying shares, consistent with the transaction exchange ratio. Innovator in Deterring Abuse and Overdose Potential from Opioids Ensysce is a clinical-stage drug company that is developing an innovative new class of powerful, tamper-proof prescription medicines that seek to prevent both drug abuse and drug overdoses. The Company has created two revolutionary new drug platforms that have been proven clinically to be safe and effective. The Company's lead program addresses the unmet need for safe, abuse-resistant opioids. Merger Is The Combination Of Two Companies

Why do companies merge?

In this video from Motley Fool Live from Dec. They also explore whether the Combonation company could potentially be a worthwhile investment. Corinne Cardina: Let's talk about a big splashy deal. Tilray and Aphria are joining in what is being called a pot stock megamerger. Volkman: Yeah. So basically we can consider it a reverse merger. Essentially Aphria is acquiring Tilray because after the smoke clears and all the shares are exchanged, it's an all-stock transaction.

I think that's a good move because I think Tilray has a slightly stronger brand name and recognition. But yeah, the combined company is going to be called Tilray, they claim they are the largest global cannabis company in the world but that's a little bit fudging things. They're going by trailing month revenue and I don't know if going forward that's sustainable. But again relatively speaking, they're going to be a big player in marijuana, they're going to be hard to ignore, they're going to be the largest Canadian marijuana company by far.

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There's a lot of benefits to combining. First of all, economies of scale. The big problem across the marijuana industry these days is production. There's a lot of production now that's out there, it's hard to make money on them simply because there's so much weed being grown.

That's why we're seeing prices coming down. Anytime a company, or companies, are in a position to cut down on that, to combine assets, to rationalize like that, that's a positive development. Whether or not Tilray 2. So that's an encouraging development.

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Another nice thing about this merger that shareholders in both companies should be happy about, it's a comprehensive company [together]. They have lots of growing assets, they are active in every consumable product category including the so-called Cannabis 2.

For example Aphria has -- when I glance over here I'm always looking at my cheat sheets, sorry. But Aphria, they bought not long ago SweetWater Brewing.]