Post by
geodcan on Dec 20, 2024 5:04pm
On the surface
it looks like we are ready to come out firing on all cylinders.
Interesting skus apparently making their way to shelves and hopefully some profits trickle down.
The approval for a 15 gets you 1 share consolidation looms like a very dark cloud for the long term shareholders and it is hard to say how much effort our team is putting in to the TNY and Beckett's lines considering they have their own lines and loyalty with skus of the same type.
We have been here before back in the Hemplify days but were able to garner some enthusiasm from investors that had our shareprice flirting with $2 Canadian.
At least the Hemplify and the logistics that went with it made us multistate capable for distribution.
Not sure about our skus now except the no alcohol Becketts for crossing State lines and expecting legislative changes to aid and assist in distribution for thc and Hd9 is, to me, just as elusive as it ever was.
I am convinced that it is fear from the black market players that operate with deadly intentions that has potpreneurs desperately seeking loopholes as segways to get a proper launch for the psycho cannabinoids.
Most of the players are flirting with the idea of pharma products but not backing it with any dollars.
The whole spectrum of our offerings has bar and lounge potential and a fair shot at success for the health factors of switching consumers over to our less calorie and sugar options to good old beer and light alcohol options.
At one time several beer guys were looking hard at thc and other cannabinoid options and I think that most of them liked what they discovered, which doesn't explain why they didn't put some of those political persuasion donations in to play with the lawmakers to level the playing field for an alternate buzz.
I sense a huge market for beverage skus that might give medical relief but also a winning sku for lower calorie and sugar options for bar patrons.
Canopy and Acreage have done a deal that should allow Canopy skus in to the US marketplace but their announcement didn't do shyt for their shareprice because they scared investors away with their consolidations of shares of both Acreage listings.
Consolidating shares is just a sneaky delay tactic to admit that management is on the ropes.
I checked my online statement and my Acreage shares just magically dissappeared because they put a failure clause in regards to shareprice to do the consolidation and the shareprice wasn't high enough so they snatched the company for nothing.
I didn't even know that kind of deal was even legal. They robbed the bagholders and didn't even wave a pistol around.
I can see why that justice seeker shot that pharma exec in NY.
This type of play is happening more and more and makes me wonder where are the law suits and securities guys because this is just theft by conversion of long term shareholders investments to the marketmakers.
I have been caught up in a half dozen, all pot plays, that seem like management was pushing for plan b, tanking the company while giving the impression that they were doing the best that they can to build a company.\
Failure to file reports, management changes, steadily eroded price and the nefarious share consolidation are warning signs that are becoming more mainstream, especially by potpreneurs.
Somebody is going to put Tinley in their pocket for pennies on the dollar invested, is my guess!