Thursday, March 05, 2020 7:48:39 AM
Across the industry...the cannabis companies are changing management...repeatedly if neccesary. Remember Canopy...and Aurora...and Aphria...and Tilray...and Organigram...and the list covers most cannabis companies....still in existence.
With your theory...LIHT should not have replaced management....because that may be considered....too many management changes....LMAO. That is not how it works.
I have said before...I am disappointed the board did not do a better job of of vetting management candidates....BEFORE...hiring them. That is a legitimate complaint and the board knows that.
With that said...I expect the board did a better job vetting Erik and Kevin. Turns out Howard lied on his application and security papers. Now I really question his $8 million in unaudited revenue...?
I have asked several times if anyone found any bad info about Erik and Kevin....nothing but silence. I have not found any negative myself. If that is the case...that the board...did do a better job of vetting Erik and Kevin, then there is reason to believe...they will make a positive impact on CGOTF.
Are you suggesting we stick with Rahim...because we had enough management changes already...? There is no logic to that theory.
We are all disappointed in past management...the only solution is to replace them....which has been done. So...I don't understand why that bothers you. It is the proper way to move forward.
Had you invested in our competitor...what would be your major complaint?
Had you invested in the biggest LP in Canada...what would be your complaint?
Had you invested in the largest US MSO...what would be your complaint?
Had you invested in any other cannabis company...what would be your complaint?
Had you invested in anything...but..cannabis...you would be better off.
Your main complaint....should be that YOU invested in cannabis at the wrong time....just like the rest of the cannabis investors. You didn't pick the wrong stock...you picked the wrong industry....like millions of others. If you picked many cannabis stocks...instead of one...they would all be down. It's the industry. Don't be so hard on yourself...we all picked the wrong industry. Or at least it was the wrong time to invest in the industry. Before the bottom fell out of the sector...I was up nearly triple....because the sector was going up. I thought the dip would be temporary...I was wrong like everybody else.
If MRPHF had stellar management....we would still be down like everyone in the industry.
Acreage....the largest U.S. MSO...had good management...a bunch of politicians...and billions from Canopy and Constellation.....yet they sit at the bottom of the pile...near all time lows.
You act as if...had you not invested in CGOTF...all would be well. We all know better now. What stock(s) would you have invested in...? How much are they down...?
GLTA
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