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Bullboard - Stock Discussion Forum Green Growth Brands Inc GGBXF

Green Growth Brands Inc is engaged in the healthcare business. It is a cannabis retail company operating worldwide. The company's brand profile include CAMP, CBD, Meri + Jayne, and others. It has two operating segments; the cultivation, production, distribution and retail selling of cannabis products, and the production and selling of CBD-infused personal care products through retail, digital... see more

GREY:GGBXF - Post Discussion

Green Growth Brands Inc > OUT of CASH!!
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Post by indoubtgetout on Feb 07, 2020 1:28pm

OUT of CASH!!

By the looks of GGB's balance sheet as at SEP 19, they are OUT OF CASH.   Current portion of long term debt and account payable must be running close to $150 million.    The CEO annaul salary before extras is over $800K  - no wonder they are going broke.   GGB is kaput, finished.....SELL - AVOID!!!
Comment by 889900 on Feb 09, 2020 12:50pm
Schottensteins backing this play with debentures, just gave them 1.4 million a couple days ago!! Green Growth is far from insolvent, CBD kiosks almost in place, next step opening canabis shops to commence. Sell now and you'll regret, buy as much as you can and a year from now you'll be rich!
Comment by Conister011 on Feb 09, 2020 2:52pm
What do you think is behind this sell off?
Comment by indoubtgetout on Feb 10, 2020 10:20am
Don't know where you get this $1.4 million investment in GGB by Schottensteins.....no news release anywhere.    
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