RE:RE:Where is Mother & Clone andI wouldn't go so far as to say the past predicts the future. Let's reverse the tables and look at Apple and Tesla who have been hitting it out of the park and have record valuations. Based on your assumption, they should continue to go even higher and higher. Well, not everyone believes in this theory. At the moment both companies have close to record short positions.
Agree NRTH has stumbled, but so have almost all of them. Right now we are valued about 30% above cash only, excluding land, equipment and the business itself.
As you point out execution is key. Will they make mistakes again? Absolutely, this is uncharted water for any Canadian business. But, cash is the blood that every business needs. They may have lost the first mover advantage but the cash could pull them through to fix the mistakes while competitors die off for lack of it.
ModerateRep wrote: The best predictor of future performance is past performance. Expecting a different outcome when nothing has changed, well. I’ve said it over and over everything North has done until now was easy. The challenging and expensive part has just begun. We’re going to find out over the next few months if they know how to store, package, market, deliver, and run a high volume packaging and processing facility. We saw how the outdoor grow worked out. With the agreements they already had they barely have any material left for 2.0 or anything else. I suspect they could be in over their head as well. Time will tell.