Post by
Perrier on Aug 30, 2018 1:06pm
Charlotte's Web IPO'd with same business model
Charlotte's Web IPO'd today at $110 million. All they do is sell CBD products as well.
However, they have 40m revenue in 2017.
Like I said, if RLSC can ACTUALLY SELL... this company would be worth something finally.
For me, I'm frankly tired of holding this while watching my money and opportunity costs fly by.
I'm going to hold till next quarter to see some revenue for the first time in ages... if numbers aren't great which is a great indication of most likely what will happen to this company, I'm going to sell regardless of what price because at that point to me, company has no future.