CAN 12.0% 5.4¢ cann group limited

Brutal, but fair. Most of the industry is like that at the...

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  1. 1,996 Posts.
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    Brutal, but fair.

    Most of the industry is like that at the moment though, the only profitable company is VIT and ECS should by profitable soon also.

    There are probably going to be a fair few failed companies in this space over the next 12 months. Most of these companies are relying on cap raises to keep themselves afloat, that money is going to dry up pretty quickly with all the macro problems we're seeing.
 
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