Sugarmade Inc (SGMD)

[GetRich902902]

You have to start somewhere. I don’t think we were lied too for 2 years. The timing was off. So far as investors investing in cannabis, it is very down right now. No matter what exchange you look at cannabis is down. Investors have fled the space. Canopy Growth is on the NYSE and its stock price is very down. It had a high of $50 last year in April. It went down to as low as $15. The same for many other cannabis companies.So, the deals Jimmy set up with these private companies dealing with SGMD’s stock would have been good in early 2019 but will not work now because there are not enough investors in this space to make the stock price go up. That’s all it is. That’s why he can’t proceed with the other acquisitions because one was an all stock deal. No private company is going to do a deal like that because they can’t get cannabis prices to rise because not enough investors are here. That’s all there is to it.