Pure Global Cannabis Inc PRCNF

RE:RE:Earnings

[Toelder]

AREKAY1 wrote: In my view the actual numbers are largely irrelevant. Pure’s various lines of business are dependent on production in Brampton and China, neither of which is obviously on line yet. Everything so far has really been a dress rehearsal for the real show, which hopefully will start to take shape in 2020. I would like to better understand the apparent disconnect between the high inventory and diminished sales — is Pure just a victim of the horrendous government sponsored distribution roll-out, or is something else going on?  Other views? 

It would make sense to me that they wouldn't sell all their weed, because high margin is on derivates products. Now that their facility is finally licensed they can use the weed for that..

Next Q will be much better for that, revenue wise. But by then financing will be there as well. Share price bleeding like this is painful to see (my average is .17), but I still have a lot of faith in Pure. Especially when China comes online and the launch of The Great Canadian Hemp co..