GREY:ALEAF - Post by User
Comment by
sthineion Apr 18, 2021 9:46am
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Post# 33018618
RE:RE:RE:RE:RE:All DIVVY Out of Stock just released
RE:RE:RE:RE:RE:All DIVVY Out of Stock just releasedAgree. Management needs to do a good job of messaging re the results. On the surface most investors will not like to see revenues down 30-40% yoy and may havd a knee jerk reaction. In between now and then Benic will have an opportunity to spell things out via the conference next week. He needs to speak about moving away from wholesale, good reception for new adult market product, their view of outdoor grow ops going forward, some insight re how they are working around eu gmp delays, the positive impact of $2 million reduction in interest costs, etc...and he needs to tell investors straight up that revs will be lower this qtr 1 and not have people believing something else right up until they release results. The guy needs to get better at setting expectations ahead of time. No more talking about 4- 6 weeks until eu gmp when he knows we have missed December inspection and in middle of a lockdown order. So now we are instead looking at likelyour at least 9 months.