OTCPK:SPLID - Post by User
Comment by
stockveton Oct 30, 2018 1:20pm
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Post# 28895639
RE:RE:EAT closes Illinois deal, banks $3.5M USD
RE:RE:EAT closes Illinois deal, banks $3.5M USDDivesting non-core assets is a common way to raise cash while staying true to your vision. Origin House (previously known as CannaRoyalty) is an example of this and they are thriving. In fact, both these companies are quite similar as they both look to build a brand portfolio while controlling distribution. The fact that the management of NH is taking this approach reassures me that they know what will be valuable in the long term. I am glad they are focusing on the West Coast, it was a great sell IMHO.
letsridethis wrote: in a growing industry that has just started were selling business already ??? that just don't seem right to me would ford be ford today if they sold their first plant 100 years ago ???