Post by
schocor on Jun 30, 2022 1:11pm
Is it Time to Look at the Cannabis Industry Again?
Hard to believe that this ONE company was once valued at $25b isnt it ($510m today). Anyhow after a faew years of telling people I told them so, I wonder if it is time to look at this industry again.
Ther have been write offs, writedowns, facilities closing and layoffs. The legal commericial product still stinks compared to illegal product grown by hobbiests.
HOwever, if this thing is cash flow positive, it is worth considering as an investment. The quarter ending June will be ugly, but do you guys see the cash flow picture improving....or is this one circling the drain?
Thansk
Comment by
bubba9 on Jul 01, 2022 10:01am
Inept management who are bleeding the company dry....The CDN industry sucks and this is one of the biggest suckors----