Post by
kavern23 on Mar 29, 2021 9:55pm
The problem...
The problem with DN is it should always have been 25-60 cents prior to this year so some investors that have bought higher or held for a long time are bitter.
DN is a relatively new company...takes time to build an operation and revenue.
Investors expecting quick profts in weed sector were not very smart. Takes times to build an operation and brand...lots of people were doing reckless gambling on weed stocks.
But DN's direction and strategy is sound. They can further hit the direction that makes them most profit.
I actually think retail stores is the place weed companies should be investing capital in.
Independent Store in Sheerwood park alberta that has DN weed and they sell it below everyone else. Works for now as they don't have stores in Edmonton but margins would improve when they get more stores. I think Sherwood park indepdent sells alot of DN weed. probably a good way to get rid of extra stock. Dn still makes money when indepdents are selling.
DN weed is decent. Way better joint then Aurora.
I expect DN to continue with that.
But being based in Manitoba is a solid idea. Poltiically do you think any gov in Man wants jobs to disappear? Dn is becoming a decent provider of jobs for Winnipeg...sure this is looked apon favorable.
Relax and be patient. This isnt a quick rich scheme. Buy cypto currency if you desire that.