Nextleaf Solutions Ltd C.OILS

Competitors are wobbling

[Rat1Race]

Our abysmal SP aside, considering the frustrations everyone is feeling, notiwthstanding the GG role out, sometimes it's nice to see the fall from grace our biggest competitors are showcasing consistently. 

Labs - $0.70 -> $0.20, and
Valens $6.84 (and a mid year high of $11.82) -> $2.36

Valens and Labs have been Hemoragging value this entire year, even in the face of multiple NR's and apparent net new B2B partners. I'm more wary of a once reputable company that releases plenty of news that appears positive on the surface, but is clearly losing footing because of the new compressed margin environemnt they need to compete in. 

Our solution is more contracts and more vapes sold, status quo. They'd need to completely retool their tech to begin competiing at our level to sustain SP. Very different challenges. 

Happy Friday everyone.

[Adventurous]

I share your views Rat1. What is hard to understand is why these companies did not see the demise coming. Seen from our standpoint at Nextleaf it is really clear: Stop competing in markets you are the loosers. As you say, time is on our side. Eventually more operations will shut down and these companies will find their way to Nextleaf. Other enigma to me: Why aren't these sinking companies

[Buyhigheatchips]

Isn't it possible that low offers have already been made?