RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CSE trading Agreed. I wish they would talk to me more than it appears they do. Or you or anyone! haha
I am certain we could put together a plan that would interest investors and more importantly talk about it and deliver pictures, charts, pie graphs and slide shows. Even the Investor deck is inaccurate and old again. I have tried for months to stress the importance of communicating what to investors. I know its not just me, I just decided to try. I like part of how they responded but not completely. They are making moves, maybe the right ones for long term sustainable and profitable business without taking huge risks.
I am not a huge fan of the financing option. Alumina gives them money as they need but then shares get sold into the open market from my understanding of that type of financing. Its okay on a stock with a large volume of shares being traded but can only be tapped into at those times when CHV has volume. Not to many days or weeks like that here. Financing for smaller plays has always been difficult and remains so.
I built and ran private business and am more cautious than public companies that leap before they look. I am somewhat happy that CHV is cautious with the next steps including canopy size. The micro growers are coming next year and will stress prices and genetics of all existing LPs. It would be better to create products with the cannabis INGREDIENT and buy from small micro growers than build more space that won't be online for another couple years. Investors may still reward those type of increased sizes but I am not sure that well hasn't run dry. Especially when surpluses are expected in the future. I would support another location like New Brunswich in concert with the University of NB partnership on research or Edmonton to support the store and western clinic expansion. Smaller (up to 50k) to make affordable/financeable is more sensible and CHV should be able to use the production for edibles/concentrates or sell to its inhouse customers, stores or rec markets.
The clinic expansion would be welcome by me and centered around the countries CF bases. Plenty more spots still to expand and expand the base of insured patients CHV serves nationally.
