RE:Sorry I accidentally hit post iam not trying to sow a thing U are making $hit up in that regards Iam just pointing out the obvious 1) errific over supply 2) governments inability to irradicate the BM 3) high retail prices no weed company is or will be worth SFA at the rate things are going in my opinion you can spin things any way u want matters not to me but Iam here to say as far as iam concerned this whole industry is in serious trouble and zena is right at the top as are many others also;; the survivers will be low or no debt and lots of cash of which zena has both huge debt and zero cash ;;;;;;;;;
Foxbat143 wrote: So I was addressing the issues of the earlier investors who felt cheated by management.
The new director (cannot remember his name) was offered in excess of 250k ZENA.RT. I am sure he purchased loads of cheap Rights on the market and will exercise those Rights.
But this is the problem. We have the likes of edrose and truthseeker1 continually attempting to sow doubt and fear for personal gains.
Let me answer the question of 400K kg of excess cannabis on the market. That honor goes to Aurora and Canopy.,,They overproduction was caused by $$$ and at the same time raising their prices. Cam Bartley and Terry Booth are a$$holes and so too is Bruce Linton.
Zenabis on the other hand is not trying to over produce and because of their low all in cost will have a shot of destroying the black market. Aurora should discount their weed by 50% and they will still be profitable.
Zenabis is simply underpriced and their management would be happy if you sell because they and their friends and family are gobbling cheap Shares and Rights.