Emerald Health Therapeutics Inc EMHTF

What a good deal

[Golden12]

They spent 85 million to build it, selling it for 21 million. ? Does not sound like a win to me

[RoboticSlave]

I say it is, problem is marijuana companies went to big to fast and that's why all the stocks crumbled, they have to much and it takes to many resources, so to be able to recoup and focus on what's working now is really their best option. It was a mistake to begin with but one many companies and investors for that matter made

[Golden12]

How do you suggest they recoup the other 65 million they still owe? It was all borrowed money EMERALD used to build the production facility they just sold. That’s a lot of interest adding up. How long could you loose 4 dollars for every dollar  you bring in? 

[RoboticSlave]

they have their other facility and their stake in PSF which is a heck of a lot bigger then this facility, now they have breathing room, and now they can at least make their payments, that's as opposed to not having the money and not being able to pay, I personally think marijuana companies can get profitable but they need to be smarter then they were a year ago when it was a lot more

[DanielDarden123]

RS, You might want to remember that PSF does not pay dividends to its’partners presently and probably will not until D2 is providing cash flow. All profits from D3 are reinvested so there is no short term benefit to the partners. 

[CrystalGreen]

This post has been removed in accordance with Community Policy

[CrystalGreen]

This post has been removed in accordance with Community Policy

[Bob100]

Golden , here you are again with your lousy , stinking comments . Go back to your vff page , oh that's right you said you won't post till profits come out. Please do the same here you are not liked here , o respect    Get lost haha

[Golden12]

Oh BOB , loosing money sucks doesn’t it. 

[UniqueKitty]

The whole mj sector is down Golden12. The PSF deal worked out for both parties. VFF got what they wanted all along and EMH won't have to keep looking over their shoulder as they move forward with their plans.  I would expect that you would be satisfied by that.  The $80MM price tag was substantially more than what was rumoured by yourself and others on the VFF side but overall it