What lots of people do not realise isthat the numbers GHG posted are eventually way better than one could have imagined.
Ofc they do have a $3.5million loss during the first three quaters,but $3million of that are caused by the share-based compensation and another $300k comes due to the fact that they had to write the New Brunswick harvest off. Meaning that despite the loss, the liabilities are still as low as before since the loss was mosty only caused by the issuing of new shares and the write down of the harvest in Canada which makes the situation look way worse than it is.
Obviously one might criticise the size of the share-based compensation, but at least it does come at no real cost (except some dilution of the existing share capital), and the options which are included will also yield some more working capital for the company once they get exercised.
When taking also the revenue update into account (ca. Cad$ 700k, plus potentially Cad$300k more from the sale of the rest of the biomass, extraction could yield even more), I think this year went all in all quite well.
If it was not for the share-based compensation, GHG could have reached break-even already this year, despite so much things not going according the plan (e.g. New Brunswick project, CBD extraction in Oregon).
Chances are really, really good that we will see some firsts profits next year. Now that they do have more equipment in Oregon and connections to extractors, processing and revenue generation from this year's harvest should also proceed better and quicker. And once they start utilizing the whole area of their farm and not just 33 acres, revenue will at least tripple.
This is probably the best time to buy the stock in a long, long time. Load up as much as you can at this price levels and simply let it sit. Next year at this time of the year you'll be laughing when thinking about at which price you where able to buy your shares.