TSXV:EVE.H - Post by User
Comment by
BobbIeheadbobon Sep 16, 2020 11:25pm
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Post# 31572590
RE:RE:RE:Another cash strapped company files for protection
RE:RE:RE:Another cash strapped company files for protection https://www.munknee.com/pot-stock-bankruptcy-watch-2-down-many-more-to-come/
BobbIeheadbob wrote:
The bankruptcy announcements serve as a stern warning to investors. If the current market condition for cannabis stocks persists into 2020, we think financial risks will cause more firms to collapse and, therefore, it is extremely important to:
- avoid players with weak balance sheets and
- avoid assuming that cash flow could improve drastically in the near future.
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LionWhisperer wrote: Dozens if nort hundreds more to go....Black market thriving and something else seems to be happening..i know of three properties where I live just went up for sale sold very quickly and all are growing pot.None have a commercial HC license maybe a micro grow but t appears there is something that smells with Trudeau not shutting down on the illegal grows....