RE:My comments about WeedMD.....( but I could be wrong.) In this case Luna will be a winner. If wmd will make 80 mil. Luna make money.
if wmd can not make a payment.. just like je stock recently... recapitalization and restructuring. Reversing split ( for je ... 33:1). Debt conversion to new shares.I believe exist share holder control only 13% of total number of shares ( go to je website check it out I could be wrong)so Luna will be super majority shares. Holder... buy a company for super cheap price.
I just check ocs website, few suppliers cut the price 3.5-3.7 cad for 1 gram for flower. These products are the best seller.. so it is a price war.. it is not good for all suppliers.. so can wmd make 80 mil for the next 2 years?
I am cannabis trader.. if I see there is opportunity buy and sell in 2 weeks.. I miss wmd last rally in one day.. I did good on hiti. I try to hold for long time, but the hype pump the price from 30 cents ( price I bought, 200000) to 1 dollar.. I got out completely at 96 cents.. still waiting to get in if there is cheap enough.
i m not convince people buy or sell wmd stock...just my opions only..Honestly, I love to see people making a money...because you are just like me... we have a family to feed...it is very painful when we lose a investment,.. good luck to all of you