Method to the madness....So we have our esteemed CEO step down after 5 years of bringing us to our best quarter and YoY results. We are on the cusp of getting a canning line and pasteurizer commissioned, we are in talks with BevCanna to get our drinks into Canada making us the only company to sell Cannabis beverages in both Canada and the USA, we continue to sign co-packers and a group of directors has created an office of the CEO to collectively handle the C-suite business while they actively search for a replacement.
Immediately after that the share price holds for a day and now there appears to be a sell-off on a day where there's news the SAFE banking act will hit the senate floor later this week for a vote as part of the NDAA and cannabis stocks, with the exception of TNY for the most part are all green.
I see a stink bid in by TD @ .10c for 150k
I’m having a hard time understanding the selloff if the general consensus is Jeff stepping down is a good thing. I’m also having a hard time believing they ‘TNY’ would do this timing wise without anything positive on the flip side to balance the uncertainty of the CEO stepping down. Seems like a tree shaking event, with an opportunity to bring down our averages, if you have the stomach for it of course.
Anyone care to chime in with something constructive?
MJ1