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Re: weedisgreen post# 69085

Sunday, 09/12/2021 9:54:52 PM

Sunday, September 12, 2021 9:54:52 PM

Post# of 70339
I am in Canada and know people who were involved in the project and were very surprised at how shady and seemingly fraudulent ACB management are in their project development spending shareholder money like pirates.It is incredible that Canada actually pushed through federal legalization but there have been some very questionable deals with current and past politicians involved.ACB and WEED also made a big mistake to produce massive quantities of low grade low THC cannabis that they could not sell.Estimates are as high as 80% of product being stored and or destroyed.A lot of early execs saw this as a lottery win with massive projected sales numbers but they had no idea what the market is for the products.The problem in Canada has always been business competition the big growers thought they could just buy out everyone else and become billionaires.Fraud is rampant in the industry but in Canada top level white collar crime is never prosecuted.
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