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Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.


TSX:ZENA - Post by User

Post by MisterPuton Dec 20, 2019 12:54pm
143 Views
Post# 30477279

Turbulent road ahead.

Turbulent road ahead.

Caution warranted with this stock. Not for the faint hearted. How quickly these cannabis stocks can turn on you in such a short period.


Had bought in at .18, and offloaded at 0.20 for a slight gain. Why, I predict a very turbulent road ahead. They only have approximately 4 months operating cash in the bank, requiring them to raise more, likely at shareholders expense. Recent recall is indicative of serious compliance issues, and says a lot of their compliance infrastructure (or lack thereof). Recently posted too many open management hiring positions for their flagship plant, indicative that something is up, and certainly cannot be operating efficiently. No extensive cannabis 2.0 product launch advertised, to prop up revenue for 2020. They lost a major account (starseed) to WeedMd....etc...Becareful and do your homework on this one.
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