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Bullboard - Stock Discussion Forum MTL Cannabis Corp C.MTLC

Alternate Symbol(s):  MTLNF

MTL Cannabis Corp. is focused on crafting cannabis products, including lines of dried flower, pre-rolls and hash marketed. The Company, through its subsidiaries, is engaged in the cultivation and production of cannabis products for recreational and medical purposes in Canada. It also operates clinics that work directly with primary care teams to provide specialized cannabinoid therapy services... see more

CSE:MTLC - Post Discussion

MTL Cannabis Corp > for the new investor.....
View:
Post by letsflythis on Jan 26, 2021 9:38am

for the new investor.....

Volatile Stock Price The stock price of the Company is expected to be highly volatile and will be drastically affected by governmental and regulatory regimes and community support for the medical cannabis industry. The Company cannot predict the results of its operations expected to take place in the future. The results of these activities will inevitably affect the Companys decisions related to future operations and will likely trigger major changes in the trading price of the Companys common shares. Limited Operating History While Abba was incorporated and began carrying on business in 2013, it is yet to generate any significant revenue. The Group is therefore subject to many of the risks common to early-stage enterprises, including under-capitalization, cash shortages, limitations with respect to personnel, financial, and other resources and lack of revenues. There is no assurance that the Group will be successful in achieving a return on shareholders investment and the likelihood of success must be considered in light of the early stage of operations. History of Losses The Group has incurred losses in recent periods. The Group may not be able to achieve or maintain profitability and may continue to incur significant losses in the future. In addition, the Group expects to continue to increase operating expenses as it implements initiatives to continue to grow its business. If the Groups revenues do not increase to offset these expected increases in costs and operating expenses, it will not be profitable. Risks Inherent in an Agricultural Business The Groups business may, in the future, involve the growing of medical cannabis, an agricultural product. Such business will be subject to the risks inherent in the agricultural business, such as insects, plant diseases and similar agricultural risks. Although all such growing is expected to be completed indoors under climate controlled conditions, there can be no assurance that natural elements will not have a material adverse effect on any such future production.
Comment by LONAMIS777 on Jan 26, 2021 1:12pm
Hey buddy, nice to see you back and posting with no vitriol...? Your posts are more professional and don't seem petty and vengeful like before, I appreciate this new style of comment... (thumbs up) GSTA THE LONGS
Comment by Manimal on Jan 26, 2021 9:37pm
Let me make this clearer to the new investor still learning the lingo.  CHV is "Garbage". 
Comment by letsflythis on Jan 27, 2021 12:00pm
(a) On September 23, 2020, the Company was served with a Statement of Claim for damages for the alleged breach of a former employees employment agreement, or in the alternative, for the alleged constructive dismissal of a former employee, in the amount of $728 plus interest and costs. The claim was initiated in the Ontario Superior Court of Justice. The Company believes the claim is without merit ...more  
Comment by Manimal on Jan 28, 2021 1:00pm
CCS not in the latest PR, he can't even be bothered to be quoted... on his way out?
Comment by vetinvestar on Jan 28, 2021 9:20pm
Interesting...swung by the Abba Medix website and no wonder they aren't growing sales as I lost count of all of the "temporarily out of stock" notices on the products.  Patients will not tolerate that for very long and move their subscription to another more reliable LP.
Comment by letsflythis on Jan 29, 2021 5:28am
weird .. how can they be "out of stock" when they claim that they have 7 millions dollars worth of weed in the vault ???
Comment by Manimal on Jan 29, 2021 1:57pm
Time for an audit
Comment by Gmoney$ on Feb 01, 2021 8:08pm
I just went on the Abba site and didn't see a single item "out of stock". Mind pointing me to what products you saw out of stock?
Comment by vetinvestar on Feb 01, 2021 9:31pm
Look at the vape section...looks like oils/capsule have been updated since my last visit.  Lots of flower I'm sure as they have everyone else's old product to try to flog to veterans. I especially liked the "dried flowers" section on the ABBA site in QC...is CCS starting a side hustle selling dried flowers on the street corner to generate a little extra revenue or what?
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