Westleaf Inc. WSLFF

Westleaf is a Canadian cannabis company focused on cannabis brands, extraction and production of derivatives, wholly owned retail, as well as cannabis cultivation. The Company’s extraction and processing facility, The Plant, will produce high quality and consistent cannabis derivatives and consumables, both for Westleaf’s in-house brands as well as white label products. Westleaf’s retail concept, Prairie Records, leverages the instinctual tie between recreational cannabis and music.

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Comment by forfunon May 09, 2019 9:45am

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Post# 29728341

RE:Bulls

Verygood007 wrote: The bulls here r weak because WL has no grass to eat. But once it reaches $0.48 there will be a turn around. The truth is WL has nothing atm.

You're pretty accurate with that statement. Compared to the other players, WL has very little right now. They have a few locations but minimal sales (compared to price paid). It will be a while before they start making money. The unfortunate thing is money is basically the only hurdle left to complete their greenhouse. Sure they have "some" from the last financing deal but I'm not confident it will be enough compared to how they're spending it.

I sure hope they can figure out a way to get things back on track without further diluting shares. I think i'm going to stay out for a little while longer. I see the price continuing to tumble for a while as further details start coming out. The silence is deafening at this point.

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