Toweringmars wrote: 480Mayham wrote: fdendisnear wrote: Canopy said TODAY they want to focus on Canada, US, and Germany.
Haven't those markets been AGRA's focus for a FEW MONTHS if not longer?!?
A little competition is never a bad thing. Now we need AGRA to get prepared to play the game. We are in the 1st inning and teh game is about to begin!
Mayham
LOL a little competition? Mayham, I know you're a little slower, but other companies are actually growing and selling there. I know, complete shocker.
Also, we're like in the 6th inning while alot of companies have struck out already, and AGRA has yet to start the game. If you honestly think the billion dollar poster child getting out of growing their own internationally is a sign that somehow there is money to be made, and good for AGRA to wholesale b2b then please... invest more here.
If you're a rational person who can see that the company has little hopes and one last chance to make a go of this, then you'll hold and wait for the oppertunity to get out with your shirt. As mentioned, AGRA is by no means a low cost grower. Aleafia is doing $0.10 per gram, extracting their own product, and selling at 85% margins.
If you cant see that companies are slowely growing profits and revenues quarter over quarter, and that things didnt start peachy, then your gambling on hopes and dreams. 99% of the companies have slow quarterly growth while they fine tune the ecosystem. How somehow people think this company can hit the groud running is beyond me.
Plus you know, 2 billion shares outstanding. But hey, not like they're going to continuously fk over shareholders to keep the lights on while they drain the company taking their salaries right??