Westleaf Inc. WSLFF

Westleaf is a Canadian cannabis company focused on cannabis brands, extraction and production of derivatives, wholly owned retail, as well as cannabis cultivation. The Company’s extraction and processing facility, The Plant, will produce high quality and consistent cannabis derivatives and consumables, both for Westleaf’s in-house brands as well as white label products. Westleaf’s retail concept, Prairie Records, leverages the instinctual tie between recreational cannabis and music.

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Westleaf Inc. > Why’s this stock not moving upward??

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Comment by forfunon Nov 13, 2019 12:23pm

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Post# 30345719

RE:Why’s this stock not moving upward??

The reason Westleaf isn't steamrolling ahead is because they're in serious trouble, as are a large portion of these small companies trying to grab a position in the Canadian MJ sector. A handful of posters have brought forward the issues they see over the last year (lack of cash, crazy high expenses and management/"Admin" costs). This merger is a perfect example of how poor the company is run and what they think of shareholder value. It's best to ignore the pumpers either here on Stockhouse, or on social media. The #1 thing you you should listen to is the market, and as you can see, the market indicates Westleaf is doing nowhere near as well as some of these folks want you to believe. I feel for the people that have put their hard earned money into this company... They're now competing with management and company executives who were gifted shares as part of their "performance" packages...