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Bullboard - Stock Discussion Forum Molecule Holdings Inc C.MLCL

Alternate Symbol(s):  EVRRF

Molecule Holdings Inc. is a Canada-based licensed producer engaged in creating cannabis-infused beverages (CIBs) for the Canadian market. The Company operates through one segment being the production and co-packing CIBs. The Company produces drinks to provide opportunity and choice for people seeking a convenient and social way to consume cannabis. Its brands include PHRESH, embody, CANAJO and... see more

CSE:MLCL - Post Discussion

Molecule Holdings Inc > Ugly---Ugly---Ugly
View:
Post by dart321 on Jan 17, 2023 1:29pm

Ugly---Ugly---Ugly

First let me say the pot beverage industry as a whole uses about 17% of it's manaufacturing capacity. We could see 80% of the beverage manufacturing sites close and still have enough capacity to do the job. Yet we see this company pay over priced manufacturing being done at a facility owned by insiders of this company and to top it off you see these same insiders giving semselves large consultant fees. Now we are seeing this companies penetration numbers drop through the floor. LOL, it's now looking like there is no money for restocking hence no money for manufacturing which means their manufacturing facility will become a thing of the past also because, this company is their only customer. LOL how about that sports fans. Now that's what you call sound business decisions,LOL,LOL...................................
Comment by dart321 on Jan 17, 2023 1:43pm
sad--sad--sad, went from haveing 3 beverages in the top ten and two more on the verg of cracking it to haveing 2 in the top ten and likely "0" in the top ten within a few weeks. What I like about this is their maufacturing facility will become just as worthless. I guess the moral of the story is, loot one company and lose two companies. you gotta lov it------------------ 
Comment by dart321 on Jan 17, 2023 1:48pm
And all this at a time when because of the rule change beverage sales are skyrocketing, Ops sorry not this company, not by looking at the new penetration numbers today. One word comes to mind, UGLY !!!
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