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Pure Global Cannabis Inc PRCNF

Pure Global Cannabis Inc is a growth-oriented life science cannabis company led by experienced pharma-industry, horticultural and supply chain experts.


GREY:PRCNF - Post by User

Comment by AREKAY1on Feb 11, 2020 7:55am
158 Views
Post# 30672610

RE:RE:RE:RE:RE:RE:Summary of news

RE:RE:RE:RE:RE:RE:Summary of newsAgree with you. I have been on them re their comms strategy for some time—this needs to be fixed. Only other point is that MP has shown real discipline in not tapping into available dilutive financing, which I think he views as an emergency backstop. You will see that there is no reference to funds from the newest placement in their description of short term use of funds (and closing is at P’s option)— so hopefully this is never drawn on. But even that could have been better communicated. As said, MP really has to deliver now in the immediate term—new products, sales generation —- can’t go weeks with no news. I’m a bit less concerned about China in the short term— the hemp market is swamped right now, if they can focus in the short term on getting their domestic house in order and moving the business forward in a compelling way, that will be positive— but this is crunch time and I hope MP is up for the challenge ahead. 
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