Post by
whisky11 on Feb 03, 2022 9:57am
From Yahoo
Great move, Trim the fat and the slow to profitability portions of the company to focus initiatives on quick to profit existing revenue streams. I know it's difficult sometimes dealing with change but luckily this company has the ability to make quick low cost changes to business models to best reflect the legal landscape.
The Pineapple Express move last year was upsetting as I saw it as a great addition to our portfolio.... Fast forward today they made that decision last year and this year we getting a cash injection from the sale of PE at a much needed time and will reflect on Q1 2022. The Spinach Pay news was also strange to me but I'm sure next year we will see something happen regarding that. Last year they applied for additional licenses that we should be seeing at some point this year. Meni and Team are working hard and Ahead of the curve, They close one door and a better more profitabile one opens. I was sick of the lack of inventory on Cannmart and personally stopped ordering. 90% comes from b2b so we should focus 100% efforts and cost on growing that rev stream. Lots of great positive developments in the past 8 months. 2022 will be THE Year. Good Luck
Comment by
randomtask on Feb 03, 2022 1:17pm
Tell us again how B2B has better margins than B2C (which they gave away for free!) I see Mikra is now live, can't wait to see that fail as well :)