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Re: Etailer post# 2495

Tuesday, 02/19/2019 3:53:52 PM

Tuesday, February 19, 2019 3:53:52 PM

Post# of 4067
Absolutely need real information. Golden Leaf is now managed by an extremely competent team.This is not the case for some Cannabis companies that use their assets unwisely and will never stay in business long enough to get to a earn a net profit. The result for them will be filing for Chapter 7 Bankruptcy which will wipe out shareholders equity positions! I spoke late last week with our new CFO and felt that their commitment to becoming profitable as their first priority will fair well for our shareholders. They are well aware of what products the new Farm Bill benefits from a taxation standpoint. There will not be a lot of info until 4th Qt financials have been audited and become available to the shareholders. This does take some time so for now it will be interesting to see what happens to some of the supposed smart moves some companies have made all in the hopes cannabis will be legalized by the Feds. Legalization may occur but not for another 12-24 months. You need cash to get there which Golden Leaf has protected with the last couple of corporate decisions.