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Bullboard - Stock Discussion Forum Christina Lake Cannabis Corp C.CLC

Alternate Symbol(s):  CLCFF

Christina Lake Cannabis Corp. is a Canada-based licensed producer of cannabis. The Company is a licensed cannabis producer with a cultivation, processing, research and development, and sales license from Health Canada. The Company is engaged in the processing of its stock of dried Cannabis biomass into various extracts including distilled and winterized oils, kief, and additional extracted... see more

CSE:CLC - Post Discussion

Christina Lake Cannabis Corp > Outdoor is the only way to go
View:
Post by Assucker on May 31, 2021 10:17am

Outdoor is the only way to go

I believe outdoor growing will be the way to go, I'm not expecting any profits for quite a while. Their is a huge oversupply of product right now, I know that product is destroyed all of the time.  The business model for a lot of these companies is grow, and harvest product, sell it for a loss, destroy excess product, and sell stock to stay afloat. If this company can find a market for their product, they could actually be profitable.
Comment by biggdeal on Jun 22, 2021 7:37pm
Agreed. They have a good story. distillate sales are tough and only getting tougher. The input material is the biggest cost which they have covered. Fingers crossed they keep floating but at .40 i'm a buyer..
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