RE:RE:RE:RE:RE:RE:It's about COST CONTROLThree top-notch posts in a row, Catch. Glad I popped in.
catchascatchcan wrote: No, the post is legit ;) Bruce's comment was on purchasing more production assets. The platform re production is adequate. WEED will continue to buy assets, and lots of them for many years to come. We still need refining assets, additional hemp assets, IP, additional bottling assets, international assets etc. It's not easy to spend $5B, but he's going to try. If anything I'm concerned we won't find enough quality assets to buy before we get our next allotment of $5B. No well-run company sits on capital for long. A healthy balance sheet is great, but it has to be balanced. A pile of money burning a hole in your pocket, not deployed and working to add value, will eventually be seen as mismanagement. Shareholders should get used to the spending, or walk. It's only burning money it's spent on assets that have a lesser value than the purchase price. GLTA