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If cannabis is the #1 trend in the

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Quarterly Report (10-q) Edgar (US Regulatory) - 5/20/2019 5:07:58 PM
alexbh2285   Tuesday, 06/04/19 01:59:10 PM
Re: trader_ron post# 3102
Post # of 3254 
If cannabis is the #1 trend in the industry that just means a lot of competitors most likely without the large debt and losses of WCVC that will thus have the resources to out compete WCVC which doesn't have any cash and has high debt and increasing losses (see their financials on theotcmarkets.com) The losses are not start-up / growth losses as they don't even break even if you exclude corporate expenses so they lose more money the more stores they open. I know they don't have CBD/ Cannabis yet but since there are no additional barriers to entry into that market that they have cleared relative to competitors and they have no special expertise or resources in that market there is no reason to think that selling CBD burgers will be more profitable than their current inability to make a profit in regular burgers and Mexican food.

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