I'll still give Sean the benefit of doubt
He's done a lot in the last couple of years to get the company to a good point. I believe he's about to deliver great results in 2019 and 2020.
The share price may not have been any higher with any other CEO. The entire sector and the entire world's stock prices are down. That's not his fault. Apple, Amazon, Facebook, Google, Netflix, Berkshire Hathaway, and about 90% of every other company in the world is down significantly since September. Should all those CEO's be replaced? Are they all doing a bad job? Of course not. This is just a bad period for all stock investors. He's just a guy with a small company trying to sell a bit of weed and some vaporizers. When the world's companies all take a dive, of course his will as well.
As far as selling some of his shares I don't see it as a major issue. I have no idea what his yearly salary is. It may be smaller than I think and stock may be a large portion of his compensation. Maybe he's purchasing a new home, cars, kids tuition coming up, paying other debts. Who knows? I'd rather he didn't sell but life happens for us all. We don't know what his personal situation is. CEO's got to eat too. I appreciate him purchasing shares in September more than I resent him selling now. He needs to live his life. Every officer at every company will sell at some point and bank a little cash. That's life. I hope he takes his family on a nice vacation. He deserves it.
I'm invested in his vision and I like the moves they've made in the last 12 months. I'm down way more than I'm comfortable with but not ready to place blame on him at this point. Macro circumstances holding this down way more than micro company decisions. I'm just going to be patient as possible and hope this can run up at some point. Nobody really knows what will happen with share price but I'm still hopeful of their potential and believe in Sean.
