Emblem Corp. (fka EMMBF)

[lbcb123]

We either have someone talking it down to buy cheaper or they are clueless as to the Emblem business model.

Emblem isn't trying to be a mass-producer of dried flower. In a year or two there will be an oversupply and the biggest companies will be losing money. General Motors had the most revenue of any car company and went bankrupt.

Emblem is developing higher-margin products. Their oils are now a third of total sales and averaged close to $14/gram vs. dried flower at around $8.50/gram. When the sustained release product is approved, it will be at even higher margins.

What they are doing now is the "proof of concept" stage. They are beginning to build the pipeline to be ready when higher-margin products are available. Anybody who doesn't understand what they are doing and is comparing them to the other "me too" companies that are just growing as much weed as they can shouldn't be here. Chase the large LPs where most of them will be losing money. Emblem will be just fine in their high-margin niche.