Plant-Based Investment Corp CWWBF

Plant Based Investment Corp is an investment corporation that offers exposure to the cannabis sector. Its focuses on investments that relate to the broader cannabis plant family, including hemp plants and cannabinoids, including CBD, CBG, and CBN, along with other terpenes and flavonoids found in cannabis and other plants.

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Plant-Based Investment Corp > I think

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Comment by QcTraderon May 18, 2022 6:19am

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Post# 34691463

RE:I think

The management only interest is recovering their salaries. Very unfortunate for us, shareholders.

I have to disagree with PBIC being only an investment partner... as i do believe Graham has been actively working with BHNG. Unfortunately that hasnt materialized into value creation.

has been almost 1.5 years without any corporate update to shareholders..

geodcan wrote: these guys just seeded a fund and drew in some investment dollars to do the same thing all investors are doing which is trying to pick the winners.

That doesn't seem to be working very well, especially with Bhang and it looks like AION is just about done.

Dividends??? I'm sure management is taking care of themselves with some kind of renumeration for running this effort and if they do pay a dividend, I'm pretty sure that would nail it as a ponzi scheme.

Everybody and their dog are still piling into the marijuana business and most don't have any expertise to bring, just like PBIC who only want to supply capital and not any kind of management direction.