GREY:CWWBF - Post by User
Post by
geodcanon Jul 22, 2023 4:49pm
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Post# 35553018
Well, according to Spergel
Well, according to SpergelPBIC sure went all in to the pot hopefuls! What a menagerie of investments, most of which went with the herd to the point of near destruction for the initial effort of grabbing on to a trend.
Sadly the trend is down, pretty much across the whole industry of pot hopefuls.
I wonder how many of those names still have a pulse.
For sure the mangement of all of these companies took care of the guys at the top which probably contributed to the decline of the losers.
I don't know if some kind of momentous act in favour of marijuana legalization at the Federal level will even save some of these companies.
For sure they will all contribute to the right-sizing by demise along with another 95% of the players so we can gain balance of supply and demand.
No winners until they can generate profit for their efforts.
This is going to be a leader for the fugly that is coming for potpreneurs unless Bhang can get some traction.
glta and dyodd