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Bullboard - Stock Discussion Forum Molecule Holdings Inc C.MLCL

Alternate Symbol(s):  EVRRF

Molecule Holdings Inc. is a Canada-based licensed producer engaged in creating cannabis-infused beverages (CIBs) for the Canadian market. The Company operates through one segment being the production and co-packing CIBs. The Company produces drinks to provide opportunity and choice for people seeking a convenient and social way to consume cannabis. Its brands include PHRESH, embody, DULCES and... see more

CSE:MLCL - Post Discussion

Molecule Holdings Inc > Out Of Stock
View:
Post by dart321 on Feb 28, 2023 10:26am

Out Of Stock

almost all their beverages as of this morning are out of stock. The last news release said they laid off people to conserve cash. Well it looks like they have eaten through their stockpiles and now have nothing left so I guess there was no reason to keep staff. This one look like a dead duck. To bad just at the time the beverage sector is about to explode. Oh well imo, this will likely be in the courts for some time to come. The fight will be on against the board and the debt holders. I suspect they are one and the same.
Comment by dart321 on Feb 28, 2023 11:37am
Should have said the fight will be between the board, the debt holders ( likely one and the same ) and the existing shareholders.
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