GREY:ALEAF - Post by User
Comment by
Toweringmarson Aug 13, 2020 12:02pm
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Post# 31403625
RE:Independent Assessment- Changes Needed
RE:Independent Assessment- Changes Needed New poster but longtime shareholder who made his account today and has 3 posts in 2 hours?
New poster who just bought into the company that he has great concerns about management?
Scuffy, you can do better than that. Just be you man. If no one likes you because of it then it was never meant to be in the first place.
In your opinion, how has management not executed? How is management not respected by the investment community? ill wait...
I mean, if we're just going to make things up, why not say they've turned the outdoor grow into an open pit to mine diamonds? Something catchy.
CannaKing1983 wrote: Hi all (new poster but long time shareholder). Decided to take the plunge. Kind of getting tired reading about bashers and pumpers. You can be long the stock and upset with management at the same time! As sharehodlers we have a voice and it should be used!
Most cannabis companies have warts, and this one is no different. Assets are decent, lots of money has spent on them so they better be. Cash position is solid. The question is can they execute??
I have great concerns about management. Other LP's have turned their teams over with "real" CEO's to grow in the industry. I feel that we are weak in understanding the sector and being able to execute despite our cash position and assets. It is well known that management is not respected by the investment community. It is also well known that we haven't been able to execute.
I am curious to see what the next quarter brings. As a shareholder with greater ownership than most of those on the management team or Board, I do not feel they are aligned with us shareholders. Ultimately, we all just want to make money. I believe that Aleafia has the potential to be worth substantially more, but I fail to see a real plan to create value. I hope that changes occur fast, as the G&A burn on those without a plan is painful. We all know how quickly $50 million can disappear in cannabis. Competition is high. hundreds of outdoor farms coming online. Let's talk about selling product, not low cost biomass. Consumers will not buy garbage. The Canadian system has already tried that.
I know that the pumpers will criticize my post, but I do mean well. To be clear, this should be worth $1.50 right now. It is a buy!!! I am buying more!!! I am not bashing. I love the potential, I just do not see the vision while other LP's race past them. As shareholders we should demand the very best from management. They should be as focused on shareholder value. I apologize for offending anyone, but this is just my opinion.