Turn what around? This wasn't a "good business with bad management" type situation, getting nice shiny new management isn't going to fix a problem we never had. The issue is we've cashed in on the business we were building, leaving us with some healthy assets and cash but no business to run. So where to now?
I'm sure the CEO is a perfectly capable business manager, but we don't have a business to manage. This is now an investment vehicle, and the new CEO doesn't have the background, experience, or history to really give the competitive advantage needed in such a new and volatile industry.
If Harvest One goes to the moon, then MMJ will definitely win big, but then you should just buy Harvest One directly. With MMJ you're paying for the extra layer of business fluff, and I'm not convinced it's worth it.
MMJ Price at posting:
43.0¢ Sentiment: Sell Disclosure: Not Held
