BLACKROCK Municipal Income TRUST V.BFK.P

RE:RE:RE:RE:RE:I see where Sebastian is going

[Rotaluceps]

Keeler wrote: quinlash - (9/10/2021 2:02:47 PM)
RE:RE:RE:I see where Sebastian is going

So 48 North shut down outdoor growing due to an oversupply in the market and then bought from outside sources.. ?   You do realize that makes no sense what-so-ever right.

Had 48 been producing the quality of product needed for their products then they would not have shut down outside growing and avoided the cost of sourcing Cannabis else where



Yep - I gues you haven't heard about the over supply, over estimated demand in Canada? Who DOESN'T know that reality?
They shut down the outdoor crops and laid off 26 workers because there wasn't enough demand for their low priced, low margin cosmetics. Quality weed has NOTHING to do with cosmetcis for phks sake - unless you think you smoke the cosmetics.
So yes - they didnt have the cash to operate the fields - no different than a greenhouse grower shutting down a greenhouse if the demand wasnt there. You know, like ACB does.
They bought what little they needed to produce their product.
Annual sales were what $12 million? and Hexo had to 'lend' them $5 million just to keep the doors open.

Hexo just didnt need to get into cosmetics - there's simply no money in it and they didnt need anymore production acraege. 48North will be up for sale within two months - or at the elast shuttered altogether, because who is going to buy a cannabis company in Kirkland Lake.

I mean besides Hexo paying $50 million for one. 
SSL needs to go. 
 

It is Friday after a week of hard work on the effect of Dubon oil with a couple of beers. I usually never LOL because it is overused on the meaningless unfunny things. So, I usually used hahahahahhahahha instead, but you deserve a LOLOLOLOLOLLO! I am still laughing.