RE:RE:RE:This market mentality for greenrushA few points:
-You don't really seem to think they should be doing retail. I think you may have just used the wrong word in the other post. You actually like manufacturing.
-Distribution is agreat model. ~25% of the gross sale, plus supplimental services ... at high volumes distribution companies can become cash pigs. It's a model that is working in California and will work in Nevada. It probably won't pop eyes if they try the same in Colorado and Oregon but they would still have pipeline control for their own products.
-The current deal with NutriSci is not for manufacturing, it's for distribution. I shared a video NR for Nutrisci on this board a while back where the entire new setup is explained.
-They've had to alter manufacturing deals because of the California LICENCE issue. Most of their troubles circle back to that single issue.
-And, what use would it be to develop a bunch of different products until they have the LICENCE issue sorted? 10 flavours of white labelled chocolate? No thanks.
-They said they were staying far away from growing, so you're not correct on that one. This has been their consistent message since I started following the company. If you're going back to before I was following them, the criticism is stale.
geodcan wrote: Since I 've been invested here, they have said they are going to make edibles which they were marginally successful at, they have a few. They have announced their intentions to set up grow ops, which hasn't happened.
If we are going to be a distributor and it looks like that is the direction we are taking then we need to have suppliers with confidence that we can do their distribution.
Calyx is that opportunity. Their management seemed to be able to get that off the ground and now it needs full effort in California to make it super successful and we need to quit fockin' around all over the place with a bunch of half-baked ideas.
We have a deal with NutriSci to manufacture. Jmho but we aren't very successful at that so, why?
I still think that value added is where the money will be generated, not growing, not distribution, although done properly should have a positive cash flow and a lot of competition.
It still seems like opposing forces are trying to move this company forward with different objectives and I won't even get going about all of the spin-offs and layered in dilution as Posner keeps setting up other companies and listings. glta and dyodd