Thursday, August 17, 2017 8:08:38 AM
I seen this recent interview with Vic. Vic was criticizing other LPs who are stockpiling inventory in preparation for rec. I attached his quote below.
For me it makes senses to have inventory ready. For him it seems that it doesn't. Can someone please explain to me why having stockpiled inventory will end up being bad for the statement of financial position (The balance sheet). Is it because once the inventory is sold it turns into an expense?, and the numbers will be thrown off for that particular quarter?
Im not bashing or pumping, just trying to figure what he meant because it doesn't make sense to me. Im learning.
Appreciate any thoughts.
https://www.midasletter.com/video/aphria-inc-leamington-cannabis-grow-operations/
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