GREY:NCNNF - Post by User
Comment by
greenalyston Nov 29, 2019 2:59pm
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Post# 30406675
RE:RE:So, how does WeedMD's harvest compare?
RE:RE:So, how does WeedMD's harvest compare?Don't fully understand the details but WMD down 20% on news of the deal maryhill refers to. 8k kg not 20 as in the video. Shareholders there feeling the same sense of failure from their co as NRTH ones. Cash runway was an issue which apparently is why they made the supposedly crappy deal.
There are NO winners right now. Maybe that does give NRTH the time it needs to get back out ahead but waiting for a whole next season is going to be very painful.
Everything comes down to the quality and saleability of the outdoor crop. If 12k kgs are sold for 30MM and doesn't ruin the company's rep because it's bad stuff then maybe there is still a way to come out on the other side.
They have the financials. They need to repair the integrity. They need to demonstrate the ability.
maryhill wrote: They did really well, 8000kg dried on 27 acres compared to 12,000 wet on 100 acres.
WMD spaced there seedling way to far apart for some of their strains. Could have jammed in another 10,000 plants easy.
Video proves it
Sidenote - they just gave away half the company