Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Experion Holdings Ltd. EXPFF

Experion Holdings Ltd. is the parent company of Experion Biotechnologies Inc., a Health Canada licensed cultivator and processor of Cannabis, based in Mission, BC; and EFX Laboratories Inc., a medical products production and clinical research company based in Calgary, AB. Experion Holdings Ltd. is invested in a portfolio of products to address a wide spectrum of consumer needs' including... see more

GREY:EXPFF - Post Discussion

Experion Holdings Ltd. > Rough Times Continue at EXP
View:
Post by PaperStacks on Jan 07, 2020 12:02pm

Rough Times Continue at EXP

With Jay (commonly known on these boards as "the Slouch") gone, that's a step in a positive direction given at his control the company  value fell by ~90%. But having him replaced with Jarrett seem odd, under Jarrett's control as CEO the company had a burn rate that left them with months of liquidity before going insolvent (as per the financial reports dung his tenure).

Let's see how the Q4 looks, sure it will be a steaming pile with burn rates vs cash flow that will have EXP again facing bankruptcy (probably within 2020 given the Q3 results). Speaking of which, where are the Q4 results? Year end is November.

Where is the Process Sales license? Weren't they suppose to ship to QC in December 2019? Why spend share holder money on extraction capabilities if you can't sell any processed products? They have had the Process License since Aug 2018, isn't worth much without the ability to sell and start cashlfowing another channel.
At this rate it's hard to envision EXP making it past 2020 - imo.

Comment by Leafsrule on Jan 07, 2020 10:54pm
Do 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 ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities