Post by
sthinei on May 12, 2021 12:48pm
What shareholders deserve is just some more honest
Projections. Two examples-
1) Israel not Germany is the largest importer of medical cannabis in the world. Aleaf makes an announcement last December. Since then nothing but talk of red tape and excuses. I have been reading other 10Qs to see if any other producers speaking of issues exportng to Israel. I have heard nothing but Benic buries it in the SEDAR filing that the export has been held up for a variety of reasons wth no projection when that would clear up. Bear in mind what I said- BIGGEST medical marijuana importer in the world. He buries it after the December PR and does not even address in the last 2 earnings calls.
2) EU GMP- inspection scheduled for December did not happen but in Jan he is telling investors he thinks it will happen in 4-6 weeks.
But hey man as they say they are now making strides. The have had EU GACP for over 6 months now but they are now making strides. To some degree it sounds like they were overwhelmed and unprepared. I dont expect that with an executive team paying a CEO $1 million when total revs on TTM is now only about $33 million. 3% of revs paid to this guy? Talking about not getting value for your money. It is our patience being tested. They getting paid large in the meantime.
From CC-
"The most important immediate opportunity on the international front is through the export of our greenhouse grown flower to the European market. This has been over a year-long regulatory process with our European partners with both sides navigating through a tremendous amount of regulatory hurdles. We are now making strides. Following certified lab testing in Germany, our signature THC cultivar has been approved by German regulators, and a key customer has also received their import permit. That leaves us with the final step of a Health Canada export permit for which we have applied. Certainly, the international opportunity does test our patience, but we are making strides."
Comment by
Nonyah on May 12, 2021 1:01pm
EU and Germany within the next 10 to 30 days
Comment by
Medrew on May 12, 2021 1:21pm
Who the fu-k told you that ? stop talking sh-t
Comment by
Medrew on May 12, 2021 2:07pm
My last comment was about getting GMP in 30 days