Bhang has a brandand unfortunately they launched an ipo at the worst of times for marijuana hopefuls in general.
I invested because the BHNG skus seemed plentiful, diverse and had decent reviews. An investment of good potential but in a severe downturn for a segment where almost all in this sector got re-evaluated.
Indiva's original reports of success with the branding deal for BHANG products in Canada also gave me hope and sadly, our deal with TRUL didn't get the legs I expected.
I still like to think that the BHANG brand could be capitalized on but the fact that PBIC, the major shareholder, don't seem to bring any upside or positive business success since piling in gives me even more concern.
Right now I'm thinking that TRUL is our best hope unless some livewire with a plan takes the wheel and brings us back from the dead.
glta and dyodd