RE:Great article on industry and EAT partner CGCThe momentum seems to stop everytime I load the EAT SPLIF page and see the stagnant SP.
Every WeedCo in the country is on a tear, and this lame duck sits here and stews in poop. Sorry, guess I should have qualified that better... every Weedco in the country
with products to sell is on a tear. So, you see how it all really does make sense. When you have a product or service that someone else will pay money for, you make money and your share price increases.
What is EAT's business model again? Oh, that's right, advise others on how to do edibles since they apparently can't do edibles themselves. Just sit back and wait for the revenue to come pouring in with that genius idea. Whether they will actually generate any significant revenue from the purported "consulting agreement" with CGC/Tweed remains to be seen... I wouldn't get my hopes up. I wish CGC would go ahead and just buy us so I can further consolidate all my weedstocks into one, Bedrocan being the first. Maybe someday.
Other Weedcos are up 20-30% today. Hell, even Worldwide Marijuana is up 23% at the moment today and they're an empty shell of a company without even as much as a business plan or news release since December 2014!!
What's EAT's SP doing? Stuck in the muck of pothead purgatory.
Momentum unstoppable? Not so much on the EAT SPLIF board.
Inertia is a way harder force to overcome.
Greede wrote: https://ottawacitizen.com/news/politics/why-marijuanas-momentum-seems-unstoppable