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Re: junkHustler post# 2265

Thursday, 07/23/2020 6:49:15 PM

Thursday, July 23, 2020 6:49:15 PM

Post# of 4862
I appreciate your outlook. And it is not comparable for a couple of reasons. Bruce had to buy acres of useless greenhouse space in order to get a license by showing chain of custody seed to sale. Kiran is not burdened by that unnecessary expense. The industry has made great leaps toward something more like the liquour industry than tobacco and they are assembling CPG brands which are protectable and have higher margins at scale. Kiran takes his pay in shares and I have seen instances in the last year that he has bought shares at market to show his support for the company. Could it go badly? Of course. I must say the more I see of this company the more comfortable I am and I am always on the lookout for red flags. Canopy/Acreage/Constellation is a group I got out of as soon as Acreage (I bought for the arbitrage) awarded a lawyer High Park Holding shares for services instead of acreage shares. I posted as soon as I noticed it and got out before they switched the .5818 per share to something like .3 in a convoluted self serving deal. Canopy is ridiculously priced for what it is. Halo has more potential in my opinion on many levels. I could be wrong but I think I am right we will see.

Anything I post is my opinion only and subject to change on a whimsy