RE:RE:Fed up shareholdersWalterthedog wrote: No one is buying us out. The only thing we have that is not something everyone else already has too much of is KISS and its just another product amongst a sea of overpriced edibles. I don't think any of their new products have the potential to really impact sales and will likely cost more to produce than they bring in. KISS water just doesn't sound like something anyone wants and chocolates and gummies are everywhere and everyone will likely have better branding and packaging than ours plus company recognition that we dont have. I had big hopes for the sticks but they are in purgatory, maybe never to see the light of day. You can invent products all day, but the big boys who have cash, (Aphria, Canopy etc) can afford to send reps to retailers and bribe wholesalers and expand production in order to keep contracts fulfilled and score new ones. It's a really steep uphill battle for this little company and my hope now is that we can keep scraping along until something maybe catches the markets eye. If the sticks get ordered I would be a lot more hopeful but my gut tells me the provinces want nothing to do with cigarettes and these are just too close. In short we are f1cked. Have a nice day all.
Walter, i think you touched on the key reason why THC is still just a two bit company running out of a small industrial unit alongside some "big players" like a kitchen cabinet company, a flooring company, and a lawn and garden equipment repair guy. It's because JM has never been able to establish a partnership with anyone - every deal he's been involved in has fallen through or been terminated early. The guy has no credibility, and no one wants to partner with him. He's invisble to share-holders, but it's pretty obvious that when potential industry partners meet him face-to-face, they dont like what they see either. I know what I'm talking about - I've been to Kelowna, I've met someone who entered into a partnership with JM and THC Biomed - it was terminated about a year later and the individual I met went on to bigger and better things with another company in the pot industry.
Does JM care? I doubt it. He and his bride have done pretty well, compared to what they were doing before they started THC.