RE:I’m Done Sorry to see someone like yourself who has held for so long bail out right when Weed MD is on the cuspice of a true breakout. There will be blips, tax sellers this time of year and shortsellers still working to drive this down; but in the end facts and accomplishments will prevail.
Just off the top of my head, think of all the great things this company has accomplished in the past several months including:
-The Starseed acquisition now starting to bear fruit with no less than eight unions purchasing medicinal cannabis paid for by Canadian Health Care.
-Successful completion of outdoor growth initiatives for second consecutive year, one of only 10 or so companies in all of Canada to have an outdoor license.
-The expansion of orientation to recreational and also personal wellness in additon to a most coherent well established medical initiative.
-Acquisition of a license to sell directly to consumers eliminating the middleman and enhancing profit margins.
-Melding of Starseed and WMD sites for further ease and clarity when ordering cannabis related items online.
-Implementation of CX industries now in full throttle with Pax, Fire and Flower and a giant exclusive Mary's Medicinal Canada contracts now under way in addition to the production of Weed Md's own state of the art extraction products.
-Reduction of losses down to ten cents per share compared to grossly overblown brutal numbers for 'big players' such as Aurora, Tilray, Canopy Grown and so many others losing $4.50 to nearly $35.00 per share!
-Profitability and cash flow positivivity likely for next quarter report, and exponentiall growth beyond that as we exit the covid crisis.
-Well capitalized to get to the above point. It should also be emphatically noted that nearly all of this has been accomplished in the midst of the covid crisis as well.
-Pedro's Sweet Sativa awarded the best Sativa in all of Canada by 150 vested participants at Inaugural kind Magazine Awards.
-Weed MD is an established and highly respeced force in the cannabis industry since 2014 with their orientation to uncompromised quality and innovation.
All facts, no pumping. Just some facts off the top of my head. Anyone degrading this outstanding company at this point with stock (for a variety of external reasons) below bargain basement prices in my view has ill or self serving motives, or is simply ignorant of the facts.
We will be at $10.00 per share within a couple of years if there is not a hefty buyout for this superlative company in the interim. True, when things are done legitimately and in solid fashion solid results take more time; but then they remain with us for a much longer period.