RE:RE:RE:BIG news on NF @ CIThey have 2.5 million cash on the books after the sale of their major facility, they just bought a business for $1 million and have not added any value. That business is in the U.S in a state that is approaching a mature MJ market with 0 exposure to the Canadian market.
Management has failed for the past 3 years at their old business model and does not have experience in the business the have purchased.They provide no vlaue to We Are Kured
Does this sound like a company worth 33 million? If you had the option of buying We are Kured for 1 million or a company that just bought We Are Kured and has a few million dollars for 33 million would you pay the 33?
Don't say they own the Langley property either because they do not
MJ hype is what is keeping this thing afloat, a company could have a business wanting to extract THC for MJ smokers human sh!t and they would be flying high.
This is a game of following the money though so base your investments on that