i like that you feel that anothe stock being able to raise more money from sohpisticated investors doesnt give you any inkling that theyd have a pretty solid game plan haha
beyond that lets talk about this stock as i stated. In 4 quarters of growing and selling hemp theyve made less than 1million in sales revenue and yet spent double that just on admin. Theyre now officially in debt for current assets/liabilities. What changes are you expecting them to make to get to profitability? Just scale? Reducing costs?
hemp as it gets bigger will become a lower margin food product like it is in other countries. Do you not expect they will need MM to get profitable with the current cost structure?
CGB Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held