RE:RE:first the haltThanks! I keep forgetting that the whole pot industry is caught in the downdraft and I figured a lot of the juniors and LPs and MSOs would be the silver lining in the cloud of this market retraction.
We live in interesting times, for sure.
I've got enuff BHNG and while I would like to double down on my shares to get a lower average, I get dismayed by the fact that basic reporting requirements are not being done.
I recognize that there seem to be some pretty good deals being made and I believe that chocolates infused with cannabinoids have their place. Our Florida connection to TRUL should have driven our shareprice upward or at least increased our revenue on the balance sheet.
Maybe all of the potpreneurs are waiting in agony for US politicians to cause a "triggering event" whatever that may be or how we get to some form of Interstate commerce and legality or at least taking the criminality out of it for players and consumers.
If they can't do it enmasse, then we will get there one State at a time and lose the launch potential that I am expecting when the US swings the door open for the new vice, Statewide.
I always compared BHANG and Dixie because they were very similar companies that had been around for 10 years, had a shypload of skus, IPO'd at the same time, possibly the worst of times and already had too much enthusiasm built into their shareprice to hold up to the scrutiny of the beancounters.
Even the LPs and MSOs got launched beyond anything reasonable and now that the market isn't buying the 100 bagger valuations, we have moved to accounting fundamentals.
You seem to have a finger on the pulse for news about to happen and I hope you are right. I've always been a buy and hold kind of an investor and not a weak hand. I have even watched an investment or two tank to zero rather than let the management have my shares for near to nothing.
Spiteful, yes, can be!
glta and dyodd
nightowl21 wrote: Sorry what you are going through on the Dixie/Brck. thing .....there is a big difference
between that and Bhang! Very complicated proposed merger between these two
companies and I billion shares outstanding for Brck!
On the Bhng side....less than 200 million shares outstanding.....half of those
owned by PBIC holding company! Although communication to shareholders
is pretty low...I still believe Jamie Pearson’s leadership is solid...along with
Graham Simmonds....they are putting together some interesting partnerships!
Cannabis is a growing pot of new revenue ...
I have been waiting on this investment for quite a while ....4 cents a share
is very low! Results from Trulieve partnership will start to show!
The California Petalfast ..is leading edge!
I am expecting some positive news in next month..
Best of luck to you...GEO!