Yeah exactly, its not the fault of environment, as many cannabis companies are actually profitable, public like CAU, ECS, and private like cannatrek as you mention.
Its soley the fault of this managment and the decision making along the way, I cant believe how much money has been blown through for absolutely nothing. Always the case now you can just copy and paste the same story, management raising and paying themselves great salaries, whilst share price constantly declines, they raise again, until there are so many SOI , then they consolidate and name change and do the whole story again, and people forget about this history. This is how majority of ASX directors and CEOs make their money, and seems to be happening here, AC8 might even delist, this management had a huge cash reserve, first mover advantage with licesnses in Australia , yet managed to screw it all up.
AC8 Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
