CaneIsAbel wrote: Irwin Simon definitely has not proven himself and has diluted and continues to plan dilution in the future. I keep telling everyone over and over we need a CEO who can make deals and not be invested time, money and energy in other companies.
With that being said, the cash on hand was short because Irwin Simons failed supply deal with Emblem was paid out. Which is insane because we never have more supply on hand then last quarter. What a terrible CEO so far anyway.
He did mention the dilution is for future expansions and acquisitions so he may only draw on it to coincide with a buy.
Recreational growth grew massively and we dominate the market.
we are beginning our shipments utilizing our EU certification to CC pharma which will reflect next quarter.
I don't think the cash from the Israel deal was reflected her that may be in the next quarter.
we still have 400 million in cash and the 100 million at market was filled rather quickly.
At this point it's just a line of credit we can draw on when others can't borrow a pencil sharpener.
We only posted a 2 cent loss per share which to me wasn't bad at all. We still have the election possible mergers and partnerships. Recreational growth is growing exponentially. The Covid 19 pandemic is effecting our cash from Germany but that won't be permanent and we began major shipments just the other week. We're not in bad shape at all.