Friday, May 17, 2019 12:44:49 PM
The few good OTC stocks are all about cash flow and execution. No money has patience for lame excuses, pipe dreams and moon shots.
The business model seemed perfect. Sell weed in Las Vegas (Failed), make cash (Failed) and then expand your biopharma business (So far a pipe dream).
CBD has 2 to 3 times more therapeutic value than THC. Everybody and their dogs are producing weed all over the world (Check Colombia) so time was waisted. The coffers were drained, dilution is unstoppable, Louisiana is a 50/50 JV, All the majors got the best deals exporting to Europe from Canada.
More hardship ahead....
Recent GBLX News
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