"You are saying changing to cultivation of recreational marijuana is a bad thing?"
No.
I am just saying that when I initially invested in MMJ, it was a company where the core business was the research and development of pharmaceutical products.
Personally, I do not want to invest in a company where the core business is recreational marijuana/tobacco/alcohol/gambling/prostitution/arms manufacturing. It was the main reason why I exited my MMJ position (with a nice profit too, bonus!)
But say the recreational marijuana business becomes the jewel in the crown, and the research/pharma side of the business is an abject failure....then what exactly is the point of having MMJ as a seperate entity in a different jurisdiction where their primary business is to just collect dividends from HVST???
It is why I think an RTO is inevitable.
MMJ Price at posting:
60.5¢ Sentiment: Hold Disclosure: Not Held
