OTCQB:VVCIF - Post by User
Post by
JaCkSnapon Jan 16, 2020 10:51am
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Post# 30560262
The key take away(s) from the new
The key take away(s) from the newInvestor deck the good, the bad & the ugly:
The good:
- they've added provincial goverment listings 2-3 more, East Coast primarily
- the cocolatas presentation looks good (lets' hope they have been working hard (together) to create a Consistent supply to meet the needs.
- their flower still ranks as top LP in several provinces for price/gram
- their moving into a two-tier system (like organigram) for the new expansion phase @ Canna Farms set to be completed in the next couple of months
- they will be the first in Canada to market KIEF, HASH, Shatter, WAX..ALL substantially higher margin products
- they've added a president for Harvest Medicine, a lady by the name of Chan who has excellent credentials
- they've clarified that they will be buying 5000kg/yr through LP's in Spain and Ontario. I would think that 48North might will be the prime candidate.
The BAD:
- They've lost their Corporate lawyer Andrew Lacroix, who has 20 years of corporate litigation under his belt..not liking this one at all
- Fitzgerald from Diageo has still not returned to senior management (you might remember that he did not have security clearance and was to return when he received the same..and..that was some 6 months ago.. now..looks like a cover-up.
The ugly:
- Their vape picture January 2020 is in a cheesy Gold color. I hope they have other colors to choose from but I doubt it. My reasoning is that no man is going to buy a flashy cheap looking gold vape, thus eliminating a lot of men from choosing fireside for their vape loyalty