GREY:ALEAF - Post by User
Post by
Verygood007on Mar 27, 2020 2:51pm
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Post# 30854007
Pot companies
Pot companies Don't invest in pot companies till Q3 ER. Reassess the situation after that. Because of Coronavirus
this stock may go down to $0.15. They will have huge facilities for cultivation but will not b able to sell even 30% for lack of demand, interest cost will b huge, net losses and negative cash flows will increase. The options and warrants may never b used. Demand will go down by 60% and price may go down by 60%. Coronavirus May affect cultivation. Company may fire employees for lack of income. Debentureholder will go after the company to recover the $. Bankruptcy risk may come for all pot companies because of CV