Have just left annual mtg. Regretfully, attending was a huge waste of time. Most every question was answered by, “We cannot address that.” Random thoughts to share: Sounds like dispensary growth will slow down. Nothing new on permanent CEO. “Any merger that makes sense for shareholders will be considered.” The difference in the $14m vs $40m is the licensing. We are not wholesaling any product. The 1% ownership we retained in Ohio is only temporary and due to an Ohio reg. Their gameplay is to keep expenses low and increase sales. They plan on being able to increase production by 25%. They claimed that they are not running out of flower at dispensaries! They were not prepared to address current larger s/h ownership. Nothing to say about large % of shorting.
About 25 s/h in attendance. No offer to show us the 360 facility. I did learn that they have approx. 60,000 plants on site. For what it’s worth, it’s very impressive from the outside.
Mtg lasted 1 hour and I think they were happy it was over.