RE:RE:RE:RE:monday predictions That is pretty much what we saw in Beena and her direction going forward once she got behind the wheel...which is a powerful endorsement from the analyst side and the time she spent looking things over speaks to the value of the assets and the potential going forward.
The debt issue will be in hand, just exactly how it finally shakes out is what we will see soon. While there is still plenty of upside in the near term with facility construction done and pretty well all the bugs ironed out with CPG it is just the shelving of that product at price points that maximize healthy margins from here.
I like the efficiency gained with the team reconfiguration, no deadwood and very pumped about things today of what I have heard from anyone I have talked connected with the company of late. I have seen no downside to this company since Dec and if any company can survive in this industry FIRE is right in the running...that said there was a lot of quality work in place for Beena to work with and is probably a big part of why she did...the cokk of the walk. JMHO...Opt
johnale wrote: Wealthbuilder - that's awesome - so between you and method I guess I shouldn't be worried for any hedging then from those sales.
opt - I don't think IR really elaborated on her answer other than to say that she sees the potential that really all of us bulls see.
coles notes of what I remember was basically -
- all analysts general view was that she was an impressive person and hire for supreme.
- she shadowed supreme for a full quarter before coming aboard. She knew/or was privy to the restructuring and going Ons - and sounds like she did a lot of homework before coming aboard.
- her message to the team was that they were going to continue to push wholesale until the rec channels were fully open. She was ok if 30-40% of sales were still wholesale. (basically she was moving product one way or another)
- she came from a CPG buisness that had much more complicated manufacturing processes. So cannabis and all it's product manufacturing was "easy" and she had a lot of expertise being an engineer.
Other than those points - nothing else notable...
So far she's cleaned up the debt issue pretty good and a host of other improvements I'm sure we don't know about. Q4 results and call should be great info for us - hopefully the inflection point in the buisness we are looking for - and in the share price!