It certainly not good reading at the moment and does make one wonder why they forked out millions to build the Georgetown HQ. Personally I could never understand why they chose not to incorporate some hempcrete in its structure and not to bring over the processing machinery they had in OZ. With regards to glimmers of hope on the horizon, Hemp Black may come through, but to be honest I am not sure anymore, one thing is for sure is that their clothing line aint going to save the day. Good results from the current research and being the first to have over the counter sales of cannabinoids in OZ are glimmers of hope for the future. All the signs are that 2022 is going to see quite an emergence of hemp being grown and processed for uses other than its cannabinoid content, hopefully EOF can find their fit in there and ride the wave. One things for sure, I dont think the CEO and CFO are gonna get their share bonus anytime soon.
EOF Price at posting:
47.0¢ Sentiment: Hold Disclosure: Held
