Post by
geodcan on Aug 06, 2019 8:54pm
Equity Guru
Chris Parry, pretty much spelled out the recent downturn in greenrush stocks with his observation that: Investors aren't rewarding bullchit anymore. I think it was more in reference to an across the board blanketing of pot stocks whose shareprice is adjusting to more basic fundamentals.
I used to google up all of the EAT retailers or dispensaries and they just didn't carry the products, have the products or I found that they "were coming soon"!
Some of the other references I made to "other" companies coming to eat EAT's lunch have done heavy lifting with a hundred skus and up to 15 lines. They had close to 10 years to deliver those products which is about 10 a year. Eat, I just don't know!
Too much fluffy pr, nrs and tagging along on others successes isn't as good a recipe for success as doing the hard work of formulating and building your own brands. glta and dyodd
Comment by
mrmonopoly on Aug 07, 2019 9:36am
Liquid is right. At the end of the day a company with 100 skus still needs to find a way to distribute to dispensaries. EAT is in a prime position with the California footprint that they already have. They should be able to draw in more brands with ease, especially companies with 100 skus that are looking to grow revenue quickly.
Comment by
letsgetonthis on Aug 09, 2019 7:10am
still looking like we are in a major down trend !
Comment by
geodcan on Aug 07, 2019 12:18pm
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