Nutritional High International Inc. Ordinary Shares C.NHL

RE:That's the problem with

[EdiblesRlife]

Ya, the selloff today doesn't have anything to do with Ontario announcement as we barely operate there. It is in fact that the burn rate and losses are catching up with SP dragging it all the way down to possibly the teens again. 

However, you are wrong in comparing what Ontario is doing to California. Cali allowed all munipaclities to introduce their own red tape making it very hard to do business there. Ontario government will still control distribution but private retailers will be selling it. So the munipalities can only say if they dont want pot shops in there region, but its a yes or no, not a set up your own reg's and good luck companies trying to work through that mess. The provincial government will have the control still.

But back to EAT. It is amazing how bad they have done considering they were one of the first movers a few years ago. It took them 3 years to do what exactly? Build 1 production facility, enter a couple agreements and buy a company that is actually earning revenue. In 3 years they have failed to generate their own revenue. incredible.

But yet I am still bag holding and in all honesty and not sure why. More out of principal i think than actually believing in this company anymore

geodcan wrote: spreading the fertilizer on too thick!  You have to dig yourself out and clear the air so you can grow something.  C21 just picked up a chocolatier in Oregon who have already laid claim to being the largest chocolate infused maker in the States.
All of the potstocks have been looking for an excuse to correct and Ontario swerving to allow private outlets has opened a political can of worms.  The reality is that EAT doesn't have much going on in Canada and that news shouldn't have tanked the shareprice.  EAT has made lots of noise about lots of deals but what have we really got besides a large burnrate.  EAT is in a race to generate profit before its ability to raise money fades away.  Our ability to get things done isn't holding up against the competition anywhere we are trying to do business and a political blundering in process in Canada shouldn't be affecting the shareprice at all imo, so it is just market sentiment, going along for the ride on the downside as potstocks face the reality of "show me the money"!  Irrational exuberance in shareprice is being replaced by normal financial fundamentals.  Ontario is setting itself up for the same mess of problems that California did to themselves with private retailers, keeping in mind that when trying to legitamize an illegal business, you don't allow those people that operated illegally to stay established.  How do you take control by releasing control.  Only government operates like this!  glta and dyodd