RE:CEO should be COOstockalot wrote: With all due respect to NR Dollinger, if he truely wants whats best for the company step down and fund someone with the pedigree to take this to the next level. These financials are horrendous. The cash burn is out of control. Time to check the ego at the door and let someone else take the helm. I can't believe the financials.
To tell you the truth I commend them on what they've achieved but it truly appears they are over their heads at this point. There's been zero improvement in tightening the purse strings. Very disheartening
Asking Sean to step down from CEO to COO is ridiculous. He is a forward thinking, aggressive and competent entrepreneur.
During the reddit AMA he told us to expect 2 soft quarters. He forecasted this and now it is a surprise to us? He stated there were many one time expenses. He is building the company ahead of the prohibition wall coming down.
Vaping is coming into the light but there are millions of old school smokers who still haven't made the switch yet. Once recreational MJ goes live in more US states and more countries then you will be seeing tremendous increases in sales as more people pick up MJ on some occasions instead of alcohol.
Lets cut Sean a little slack here as he has assembled a strong team who are working their a$$es off.