RE:Don't waste your shotGman620 wrote: I think Sproutly would be wise to hold off on any good news until some of this virus fear passes. The good news will be lost in the fear and noise.
I agree and suspect $PR/MH have and continue to consider appropriate timing. Although, I do have suspicions there is still no set date. I believe the JV remains at the mercy of packaging and licensing.
They have been on delay since Oct 2019 legalization, waiting out the negative news of Covid19 may be a wise decision. It would allow sharing of the limelight and a massive opportunity for investors to re-enter the market after having retreated.
This may have finally cause a nice push for the longs. However, $PR may not have the luxury of delaying much longer in terms of financials at least not without financing. If $PR can continue to manage wisely, perhaps this market valuation/bear market rebound will add to what appears to be the already perfect storm.