RE:Don't listen to these JaCkSnap wrote: Scum who come here trying to shake your confidence in this Company/Westleaf. This is an amazing company in the making. All who are down at any level, holding, losing sight of why they bought here in the firstplace, remember, your instincts were good.. time with make you monies w/t this for sure. The buisness plan is sound, the retail concept they've created is on a different level of genius and, the seed to sale and parterships are a perfect fit too. And that new hire on the board who they purhased Candara retail from is an outstanding move; just read his resume - for him to come on after selling his Candara to Westleaf is very comforting - who better to kick start their retail arm.
My2c
So to clarify, don't listen to the scum who come here to "shake your confidence" in this poorly performing company, but instead, listen to the scum who are pumping and dumping, or day trading/taking profits from the respectable folk?
Westleaf's poor performance is not 100% on them, it's the industry as a whole. We're going to see MANY retail MJ companies pull the plug in the next year or so because sales are flat and not enough to sustain the huge overhead.
I laugh that you pump up Westleaf as potentially having their retail arm kickstarted. Once Shopper's Drug Mart is allowed to sell retail, it's lights out for 75% of these retail MJ companies. They may retain their locations and stay above water as little mom and pop stores, but companies like Westleaf are not going to be sustainable from retail sales. They really need to kickstart their growth in other areas. As of now, they just talk about what they're going to do.
I'll stand by my "don't buy these guys and instead invest elsewhere with companies that aren't drunk on spending shareholders money". Proof is in the financials. How are they blowing through millions every month in "compensation"?