RE:EAST.V Report Based On Last Financial ResultsRod, do you think this is an attractive portfolio for investors? Let's break it down for you:
Eastwest business model - vertically integrated wellness company (wouldn't this mean seed to sale? - EAST is not a producer in any form) and does not operate anywhere but Canada
Manufacturing - OVN can make capsules (much different than seed to sale). OVN cannot work with CBD. OVN clinet list - Sangsters (owned by EAST)
Retail - Sangsters was to be COVID-proof but has declining sales of 30% to the last year (also a COVID year)
IP - NHP SKUs are not intellectual property they are just that, SKUs
Real Estate - EAST rents to itself (there are no tennants)
Self-Stoarge - leveraging it's empty Penticton facility and hoping to ride the next wave of investor interest with a waste of money ploy (look at everything else EAST has done to date)
EAST IS NOT LICENSED TO WORK WITH CBD IN ANY WAY - US OR CANADA
SELF-STORAGE IS SO ROD CAN HIDE THE CBD FROM INSPECTORS.
DO NOT WASTE YOUR TIME OR MONEY WITH THIS SERIAL SCAM ARTIST.
lol