RE:Major 3rd Party Investment TL:DR - If they want big deals, they need to completely replace their upper management, but even then, they're too late to the party as they do not have the capacity to supply large deals AND they wasted years without securing relationships with the right people.
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1st off, this is pumper town - You really should head over to Reddit r/weedstocks with these questions, where you can get actual info and not 24/7 pumping. Not suprisingly, the pumpers here don't show their face over there, I wonder why?
As for a big contract, I'm sure you've heard the saying "it's not what you know it's who you know", well that applies here in a sense.
You need to acknowledge that CRO and CGC (Hexo as well) worked hard to get these deals over the course of years, they didn't sit on their thumbs like fat Johnny, waiting to go where the wind blows him.
From the very start these other MJ Co's determined that they wanted to be a serious global corporation, not just small time recreational supply.
As such, they cultivated relationships with the key people, and they did this by hiring the right people in their BOD early on in the game. They determined a direction for their Co's and pushed in that direction, and here you are - Big deals with multibillion dollar behemoths, and what's more relevant here, they provided their shareholders with value.
An example is in 2017 when Hexo hired Nathalie Bourque - Who was from Couche-Tard with ZERO cannabis experience, she also had Govt. ties. Many were scratching their heads, but she's the one that opened the door to the QC Govt. majority supply deal, she's also the one that got Hexo in with Fire & Flower early on, and not surprsingly now, Fire & Flower is being courted by, guess who? Couche Tard. Hexo essentially set themselves up to rub elbows with multinational Co's by hiring the right people early on, and having a direction, just as CRO and CGC have done.
Who has Fat Fowler hired, from outside this sector, that could potentially change the course of FIRE? No one.
Instead of doing what he should've been doing - forming relationships/hiring key people, Fat Johnny was busy seeking personal fame and repeating his "respect the plant" BS as part of his quest. The Justin Trudeau of cannabis indeed, both worked as bartenders before, and that's all both are qualified to do.
Fat Johnny started off saying they'll be a "wholesale" Co, but didn't do anything to increase growing capacity to wholesale supplier levels. He didn't deliver $hit on this front.
More production? Outdoor grow? "Nah, but we wholesalin' bro! I'll just keep writin' out these debentures to pay for my personal fame" And then what happened? He bought a PR Co (which we never heard of again), then bought an oil Co (which he overpaid, but he and his buddie own shares so it's all good bro!), and then bought another nameless Co.... Why? What direction? No one knows, not even Fat Fowler.
FIRE is a recreation play, and that's it, and it's gotten here by garbage management not having a direction or a clue. WHY would any multinational take this Co seriously?
It will remain as is until management shifts entirely, or they get bought out (very unlikely).
Cannabiznas wrote: What would it take to get a Marlboro or Constellation to invest in supreme? From what I understand the major markey cap increases from cronos and weed are directly due to this.
Are we talking to any major corps like these? What would it take for one of them to pick our flower?