GREY:EXPFF - Post by User
Comment by
Leafsruleon Jan 07, 2020 10:54pm
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Post# 30529035
RE:Rough Times Continue at EXP
RE:Rough Times Continue at EXPDo you mean the ability to sell oil/extract? Experion is a licensed processor.
Spending shareholder money on extraction capability? Maybe some shareholder equity was spent doing the EFX deal and acquiring equipment as part of that merger.
If you mean why aren't they extracting? Maybe because extract is such an insignificant line of revenue in Canada for the next 24 months, at least, that committing to put finite resources into that is a poor decision
EXP still has money in the bank, only $5mil, but enough to refocus on selling the only thing that ever made money in the pot business, selling pot.
They will be around a little longer than 2020 imho
Blue and White Forever