I think DL would be happy to pick up some bargains, high volumes of a slightly inferior product are likely to better options for them at the moment.
Unfortunately, i agree with your prior point that we need to think longer terms on the sales. It's frustrating, but a good business needs sustainable, high margin income.
It would be beneficial for CLI's competitors to do the opposite
However the thing I genuinely don't know is. Cost and effort of storage. What's to stop the buyers paying today's prices and stockpiling? I genuinely don't know enough about the industry.
I am keen to hear CLI's strategic planning for 2020 as I have a feeling 'grow more hemp' is not going to be enough to entice large scale institutional investment. Nor is producing CBD products a smart move right now
CLI Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
