Cannabis Companies Having a Horrible SummerInteresting article with comments on WEED and the firing of Linton, "the face of legal cannabis"...US investment in the sector is huge and CA companies are the targets for much/ most of that investment of late.
Any company that gets spread to thin trying to get 'big' in this climate will lose ground very quickly if all their ducks are not in a row ...the FIRE team has been solid so far and expect the same now and going forward but we need much more info on the latest push in the wellness area and global markets. Is new money needed and at what cost...when are we profitable in this area, do the existing assests acquired from the BlissCo and Truverra provide the infrastructure necessary to get started...is the platform being set up in the UK ready to go and if not when?, etc
I am all for making coin and couldn't care less which side of the pond and/or which area of production, both is preferable, but unnecessarily gambling the future is not necessary or acceptable...need more info, JMHO....Opt
https://www.msn.com/en-ca/money/topstories/cannabis-companies-are-having-a-horrible-summer-as-scandals-mount-and-stocks-slide/ar-AAETTzr?ocid=spartanntp