RE:RE:RE:RE:Bottomed?Bonify was caught getting black market weed shipped to their facillity which then they distributed as their own...completely different then Canntrust following all the protocals that they normally do for the licensed weed. They followed the good production practices and grew it in rooms that were about to be fully licensed by Health Canada. Not condoning what they did, but it is FAR less worse than what Bonify did.
Yes, the product should be destroyed so as to not tempt other LP's waiting for final approval to start growing in their rooms, as that product would be destroyed, and they should be fined. I highly doubt any further action by Health Canada.
Internally I could see them firing a couple people...and for the sake of the stock, hopefully an executive or two
Time will tell but this company is far from over as all the shorters and bashers will lead you to believe. Just going to take a while to right the ship.
This is not advice to buy the stock right now (even though I did) as their is still a lot of downward pressure, but looking straight at the numbers, it's the flash sale of the year
drkvader wrote: bonify had their licensed suspended which is pretty much a death sentence for an LP so yah that can happen here too in which case investors will abandon ship and the stock will be a penny stock. Would probably get delisted on stateside and who will lend it money then so it will move forward as a going concern.
game. set. match.