RE:RE:RE:RE:CanelsAble has a serious problem!We are in alignment WRT competing in the USA. One look at Blackberry and I am reminded of how Canada simply is incapable of first mover advantage. The only whiff of hope I have here is there really is a plan in play to grab a JV or partial ownership of a USA based CPG company. But we've speculated that to death on all the chat boards. As for holding Irwin Simon accountable, I agree on the surface it does not look like he's been in our corner. The challenge with any sort of move to push him out leaves the question of who would take over? I am beginning to view the whole sector as one giant feces fest. In the meantime, I watch Tesla with jaw firmly on the floor...and I see Mr. Neufeld's new found mushroom venture is up about 15% since going public. Every day is a new opportunity to shake one's head. Stay well. I no longer linger much on these boards.
Daredevil1964 wrote: @SKYPLT Good to see you. Unfortunatly we do have an image problem. The market's are hard on APHA. It is naive of us to think that APHA does not experience the same issues as the other LP's. The whole sector is hurting and no one company is stepping up to the plate to show leadership. Honestly, APHA should be cash flow flow positive by now, but we continue to be punished for the past. I personally am finding this very frustrating as well. APHA missed a serious bull market run, but we were not the only ones. Alot of the attention now is being garnered on the MSO's. With 5 more States putting MJ on the ballot in the US, this may add preasure to federally resheduling MJ.
That is the catylist that could help us permanently. Now the double edged sword is if? The United States federally legalizes MJ, can Canada compete? Longer growing season, crops in mass quantities and the American ingenuity could really hurt Canadian MJ. The Americans will be looking to export to those same markets as Canada. That is why IMO Irwin needs to step up his game. If the share price is still in this range when the AGM occurs, then Irwin should be held accountable. Since Irwin has been CEO, the SP hit it's lowest point and has not showed any signs of recovering on a permanent basis. I still hold 42K shares.