RE:Assessment of Auxly’s founder/chairman/CEO, Chuck Rifici.RJ;
Boy, are you ever easy to please and satisfy as it seems to take nothing except a nicely written pluff piece.
All I can say is the only thing that would make me feel connfident about Chuckie is is the share price of Auxly was sitting in the $3 or $4 price range. Especially since the current share price of 98 cents is pretty much where it was back in November of 2017.
How totally sad for the shareholders here when the share price of every other single cannabis company has gone up multiples from where they were a year ago.
Grrr.................
R_J_ wrote: I just read the November, 32-page, issue of Crisis Investing [ part of {Doug} Casey Research] by Nick Gambruno.
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Now we, at Auxly, are one of the eight cannabis stocks in the Crisis Investing’s, End of Marijuana Prohibition, Model Portfolio.
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A company that Auxly invested in is featured in today’s issue.
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In this issue they are suggesting a ninth Company.
“Last month, [this mystery company] sealed a $5 million investment from Auxly Cannabis.”
Paraphrasing - “If Auxly invested in this company, maybe we should also.”
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Now the purpose of this post is to relay the high standing Nick Gambrino has for Auxly’s Founder/Chairman/CEO, Chuck Rifici.
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Quote:
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Auxly has the best management team of any marijuana company in the world.
It understands the industry inside and out.
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Chuck Rifici is the founder and CEO of Auxly.
I don’t know of anyone with more success and experience in the cannabis space.
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Previously, Rifici co-founded Canopy Growth, which he took public.
Today, Canopy is the largest cannabis producer in the world and is widely considered the most successful pot stock to date. And Rifici played an integral role in that success.
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Rifici has also served on the board of Supreme Pharmaceuticals and Aurora Cannabis, two other huge marijuana companies.
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To top it off, he’s plugged into Canada’s political elite.
He served as the treasurer and CFO of Canada’s Liberal Party.
The party’s leader, Justin Trudeau, is Canada’s current prime minister.
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Rifici was in the room when the Liberal Party crafted its plan to legalize recreational cannabis in Canada. Simply put, Rifici has friends in high places.
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Rifici understands the ins and outs of the marijuana market as well as anyone on the planet.
If anyone knows how to spot an opportunity in this space - and a profitable investment - it’s him. Chuck Rifici makes sure the company only partners with quality operators.
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That’s why we’re following his lead with [Mystery Company].
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End Quote.
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Personally, I feel more confident now that I’ve read Nick Gambruno’s assessment of Auxly’s founder/chairman/CEO, Chuck Rifici.
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RJ