RE:Sopranos1
Kornooto wrote: Take a look at the directors of SHRM...same guys...(agra)
They sure took the stock up .... This is like tweed 2014...new space...movin
lmfao YEA. This is like Tweed circa 2014. Only without actually having product, and being in a market with like 4 or 5 other LP's...
Except flash forward to the reason they gapped up and AGRA is still about 4.995 billion dollars short and lacks federal prowace.
Tune in next time when we compare Sally's personal income tax service to H&R Block.
LOL people need to stop assuming because AGRA has a big canopy space, that will be licences in several phases, that they can turn a profit. Heck even tweed isnt profitable. The only thing that will save this company is their outdoor grow (if they ever get that licensed) and the edibles facility. Detlta will be its major issue. Way too much overhead costs while they'll never have a low enough CPG to make it work. They'll follow suite with the other LP's that have closed off large portions of their indoor/greenhouses and scrape the bottom of the barrel unless they get some sort of unicorn cash infusion.... But for that to happen any serious investor will want them to clean up their share structure. So back to the R/s... In the end, retail investors will continue to see thier investments depreciate, and the company will be taken private. If it can make it until then. This doesnt have the skilled management team to pull it off currently. As they're financing at a 20m valuation says it all... But Tony will tell you otherwise.