Friday, April 03, 2020 7:01:23 AM
Coming out the other side I'm pretty sure there will be any number of small CBD companies that went into this economic downturn far worse off than Stil had in reserves. Lots were right on the edge in finances and certainly there will not be much in the way of start up capital for new entrants.... perhaps well into next year.
It is what it is, but I expect a serious down turn in biomass production this year in the industry and a washing out of overproduction stores of CBD distillates in the Industry as well.
We are both older guys, we don't yet know how we will see the Chinese attempt to take over Banking that is about to hit and there is going to be some real frictions in their supply lines of CBD items as well as the rest of the world.
I hope we both get through this with families intact and look to investments as secondary at the moment.
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