GREY:BHNGF - Post by User
Post by
geodcanon Nov 16, 2020 1:38pm
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Post# 31907537
no plan, no go
no plan, no goWe need an indication of some kind of momentous plan to get this trainwreck back on the tracks. Indiva has done more for Bhang than Bhang has but they have been consolidated and rejuvenated more times than most which doesn't bode well for their success. CGOC seems to see something in Bhang and picked up some shares, some say 50 million but I don't see any specific expertise there to take the wheel and do the driving. Management has squandered the potential of this company that had a 10 year survival rate and 100 plus skus, IP and manufacturing know-how and consumers willing to endorse it. Sadly, public life escaped them and they haven't taken care of shareholders. We may have one last shot to resurrect this from the dead but probably not with existing management.