I wouldn’t think so. That article is about farmers. Ecofibre...

I wouldn’t think so. That article is about farmers. Ecofibre engages farmers to grow our proprietary strains. Thus the “supply glut” they speak of impacts the price of generic hemp on the general market, but Ecofibre does not engage in that “general” market.

The company plants for it’s forecasted needs through farmers that are contracted to grow out seeds we give them. So all supply and demand of the raw hemp crop is internal to Ecofibre.

My take, after reading the report is that the pandemic disrupted business. The recent civil unrest, while sad, has only been going on for a week. The pandemic has been going on the entier quarter, keeping people at home, concentrating their thoughts about health on surviving, rather than “well-being”. We sell a luxury good to well to do people. Those people are afraid to go out.