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Tuesday, 06/04/2019 8:02:29 AM

Tuesday, June 04, 2019 8:02:29 AM

Post# of 29174
According to MarketWatch, a number of cannabis industry insiders have blamed premium pot grower Supreme Cannabis (NASDAQOTH:SPRWF) for the advent of the phrase "funded capacity." Said Supreme Cannabis CEO Nav Dhaliwal in a telephone interview with MarketWatch in November 2018, "Talking to analysts, investors, and bankers -- we said we're going to build out this capacity in terms of financing." But the CEO now believes that "funded capacity is too broadly accepted as a metric" and added: "It's relevant to a point; it's a foundational metric. But once you start scaling, it becomes less relevant."

https://www.fool.com/investing/2019/05/19/marijuana-companies-lied-to-you-major-pot-ceo-alle.aspx

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