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Bullboard - Stock Discussion Forum Biome Grow Inc C.BIO

Alternate Symbol(s):  BIOIF

Biome Grow Inc. is a Canada-based company that is engaged in the business activity of pursuing opportunities in the cannabis industry. The Company's operations are limited to holding investments in IM Cannabis Corp. The Company has not generated revenues. Its subsidiaries include Cultivator Catalyst Corp., Great Lake Cannabis Company Inc., Red Sands Craft Cannabis Corp., and Weed Virtual Retail... see more

CSE:BIO - Post Discussion

Biome Grow Inc > Well, that sucked
View:
Post by Budaman on Mar 10, 2020 7:32am

Well, that sucked

I'm really glad I opted to average down just before the bottom dropped out...I am down 75% in just over a week. The good news is they are still alive, I still have 25% of my original investment left, and it looks like their contracts are still in place with the government. I am hopeful their financials will be excellent and we will move back up enough for me to drop this albatros from around my neck. Oh well, it is only money...onto the next one. In my opinion only. Thanks-Buda.
Comment by NLMoose on Mar 10, 2020 8:34am
Good news is that Biome Conscious Cannabis are still alive. The bad news is they seem to focus on one specific brand, Highland Grow, along with a prospect of not honouring their contract with the Newfoundland and Labrador Government with their supply contract as Back Home is being evaluated. Biome Conscious Cannabis are even missing out on an opportunity to sell cannabis products high in CBD.  ...more  
Comment by SandstoneMiner on Mar 10, 2020 9:07am
Well hopefully they keep their supply contract. Buy it wholesale if they cannot produce it themselves to fill the orders. Maybe they can get some assistance from the NL gov't to keep the Back Home facility going for the future. If it will create some economic benefits to the area that might be an ok idea. Is the Great Lakes operation shut down for good I wonder, or just shelved for now. Its ...more  
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