RE:RE:RE:Long term vs Short term
PosNeg1 wrote: They are a one crop company unless they're growing something else not reported. Market is massively oversupplied for hemp biomass in part due to lack of processing capacity. I haven't seen them report the % CBD content in their crop so it is difficult to estimate value. Current US value is approximately 1$ per pound per % CBD content. Maximum 2% for Gaia crop. Someone else can research the total crop output for the acres grown but I'm guessing this year's venture is gonna lose at least 50% versus $ input. Lamont is nothing. Good that CEO has significant stake however I'm not inclined to follow his error. They apparently have good cash on hand and minimal burn which is positive. They need to pivot and change their model to something else. Growing hemp on spec is an incredibly risky move and will not pay off, they will be fortunate to break even ie no profit.
You must be Pbay on twitter? That is exactly the shortfall of bashers cruisin into this board is they are so uneducated they tell everyone they are a one crop and only hemp company. Betting you'll be embarrassed in a short period of time as details and progress reports of where they're going comes to light.
no concern here at all honestly it's a new company and they will report revenue within year of first listing which is fantastic given how many pump and dumps out there going on 2-4 years have not reported anything all dreams. Being this is a real company with experienced management I do not see any red flags.