OTCPK:SPLID - Post by User
Comment by
EdiblesRlifeon Jun 04, 2018 2:54pm
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Post# 28121633
RE:RE:RE:RE:RE:personally
RE:RE:RE:RE:RE:personallyYes I will still be saying that, because while $20mill in revenue is great and I fully anticipate that to happen in the next 6-12months. The bottom line is more what I care about, and the wasted money spent on projects that have not come to light is worrisome. We haven't heard an update on Colorado for some time, and the was supposed to be their flagship facility. Washington was a bust, we'll see about Nevada. I agree pivoting is needed in any company, but when you have great core operations going on in California, why not try to grow the very successful part of the business instead of shifting focus? I like that they bought another facility for Calyx in Cali, which goes with what I am saying about focusing on what is making them money. But they are still shifting focus and I am worried about the management capability.
My preference would be for them to stick with edibles and have a diversified edibles lineup to become the Nestle chocolates of marijuana edibles. I also wish they came out with a healthy edibles product line, like protein or granola bars for people who don't eat chocolate or try to stay away from sugar. Health is a big topic in today's market place. Why not try to pair the health benefits of CBD and THC with a healthy product? Would seem to me to be a lot cheaper than trying to shift focus on different markets only to waste money along the way.