RE:RE:Where's the Locals?As of tomorrow the company will be officially two years old and they are still in a waiting period.
Let's compare the competition:
- Molecule Holdings (MLCL) launched Sept. 20th 2020
- Six months later they announce their first confirmed orders.
- Two months later the beverages are on the shelves.
- MLCL has a MC of $10M and trades for $0.10 per share
- Bevcanna launched June 25th 2019
- Two years and still no confirmed orders.
- Purchased Naturo for $63M+ (in business since 2013) and Naturo losses $0.46M in the first quarter.
- Pure Therapy still losing money
- $12M + in losses last year (last years losses are 20% higher then MLCL's entire MC)
- Bev has a $33M deficit and MLCL has $5.2M deficit
You can argue that Bev has the bottled water and nutriceuticals (which lost over $300,000 last quarter) but after seven years in business Naturo ,as a business su'ks.
And who approved spending $63M for a money losing business?
That needs to be investigated by the various security commissions.
Amazing that you can be "a leader in the cannabis-infused beverage industry" and have never produced and sold any beverages.
Still waiting