TW why not wait until they flounder down, people become impatient between now and christmas, and buy back in to MMJ when they are sub 20 cents.
This company is being managed very poorly, no way about it. That doesn't change the fundamental economics of the weed economy as a whole, just that they are struggling to capture any of that market (despite being in optimal position w/ many regards)
Ann: MMJ Raises $4 Million in an Over-Subscribed Share Placement-MMJ.AX, page-13
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