GREY:ALEAF - Post by User
Post by
sthineion Feb 24, 2022 2:25pm
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Post# 34458997
Initial term of forbearance agreement ends
Initial term of forbearance agreement endson Monday. It is no coincidence that during the initial negotiations they canned the CEO and replaced him with someone with experience building a brand. In addition to that they minimized the amount of harvest earmarked for wholesale. Those are all indications that they are working on a longer term solution not liquidation. New CEO was elected 1 month after negotiations had begun. If they were headed another direction they would not have pushed for her election and secondly she would not have taken the job. Hey you want to be CEO for 3 weeks prior to being forced to file for BANKRUPTCY. Benic could have taken that ride. Notice he had nothing to say as he exited. They punted his a$$ through the uprights .