RE:Dear baby Jesus TGIF STILL has everything going for it. No plans have changed. If they dont make it out of this mess then nobody in MJ space will.
Fogell wrote: This company has gotten azz fisted to the max and am wondering if there is a shimmer of hope...or if it's already dead in the water. Bright side, the only positives besides the increase in cali/ nevada, is the business model. If you look at the Canadian Lps, the shat is getting kicked out of them, even promising ones like organigram are running of cash. But if you look at the business models of the companies doing decent and showing they might be around, they have business models like 1933. 2 companies- Medipharm and valens grow works both utilize an extraction, wholesale, distribution and white labeling model. They can adjust to consumer demands and trends in the market. US is lagging in policy behind Canada, yet 1933 has seemed to mimic these business models, while bypassing the large grower models. Cash is a concern. Sedi doesn't show management selling but these people could have profited from the rise up and now down, I dont know. One last thought, in 2019 ama cannabis did 8.1 million, while cannahemp did 9.9. Bigger seller last year, this year should be no different, ecommerce site needs to get this into more stores, its hemp derived cbd. With the loss of tourists in nevada, this line can be shipped all across the US and maybe help turn a profit. Also put that fack from kellogs as the ceo and facking throw down some money for shares. GLTA- Hopping for a loan in the next round of stimulus. End