Post by
JesseB on Oct 11, 2019 7:28pm
Similar situation with Go Farm Hemp and Canopy
Canopy Growth gave a Nevada based private company Go Farm Hemp 12 million to farm 1115 acres of hemp. Only 275 acres usable and they blamed weather and grass hoppers. They're both suing each other LOL. Maybe Aurora's (or australis's) sky class approach in Nevada will be MUCH MORE successful given the predictable crop yields. BTW CROP is probably f*cked? Seems like the debentures are secured with the assets, so I think they may lose significant assets here. Looks like the book value is roughly 0.15 sp, but I think they're about to default on loans and mortgage and lose property. I. Down like 2000, with like 500 to go but I cant even sell for tax loss cuz it's in a tfsa.