I'm hopeful but increasing skeptical.
I'm not sure what Ballas and Co. have planned but all the hurdles they're talking about having to overcome are easily resolved in DAYS or WEEKS, not months or years. Except the name change thing. I'm not sure what's involved there but it can't be that hard. I will agree that the cannabis industry is frustrating but it's not impossible to navigate and many issues are easily resolved. Some of the issues UBQU has mentioned is listed below.
Credit Card Processors--It's available if you want it. The rates suck but it's a pay to play situation. I currently have one processor and I'm about to add a 2nd one for backup. It is alleged that they have their own payment solution but I haven't seen it yet. Payment processors are frustrating to obtain but its doable. The fact that the company suggested utilizing chargebacks in the last PR is VERY concerning.
Supply-- Supply is easier to find that you think, along with extracting, processing, bottling, etc.
Certificate of Analysis-- some labs have a turnaround time of a few days and this can easily be done for each batch and SHOULD be widely available. (it's not that expensive to perform these tests)
Bar Codes--If you notice many bottles share the same barcode despite being different products. The barcode is an 8 digit code and i believe it should have 12 digits (my product has 12 digits)
Fulfillment--It's not like there is a NET15 or NET30 on the orders, so they have the money before they ship the product, they COULD easily obtain product and ship it without difficulty. A one man crew could easily knock out a 100+ orders a day without breaking a sweat.
Search Engine Optimization-- also, not that hard. patience is a virtue here and it comes with proper site work/blogging/and time.
I'm having a hard time believing that a publicly traded company is having all these problems with their company when everything can be easily resolved.
