RE:RE:Closed Chaptertherealmccoy wrote: have always enjoyed your posts and insights into Cubic Farms (CUB),,, thank you bandit69 for them.....
it will be interesting to see what happens to CUB in the upcoming months.... i thought a management "shake-up" was warranted a long time ago (about a year to 1.5 years ago a change was needed).....
will still follow CUB,, they have interesting tech,,, from the looks of it the original Bevo-Agro is now private and is back to propagation of veggies and flowers (they went the "cannabis" route with the Zenabis deal).....
thx for your posts bandit69
Thanks therealmccoy. I've enjoyed your posts too. And you were clearly right and I always agreed with your sentiment that they had the wrong management. There was far too much fluff and high fiving yet shareholders were being creamed all the way down. It was so obvious.
I've worked in several places in the world and I can confirm Canada is by far the most business flaky if that makes sense. All about the employee never about shareholders. That was my biggest beef here. So many articles were written about "how to manage employees" or 'how to keep your employees happy' that I was asking the question what about keeping shareholders happy. I think it's pretty obvious now that it was more important to keep shareholders happy along with customers.
We will see what the future holds here. I really like the technology but the wrong people were in place to realize commercial viability. The other challenge I see coming for them is technology is eventually stolen. The longer something is out there the higher the chances competing products will be surfacing. Especially if patents can be seen published in the database it is easy to reverse engineer things and introduce similar competing products that will be difficult to defend simply because CUB doesn't have the money to do so.