Wednesday, December 01, 2021 10:34:16 AM
If you invested in BLDV thinking they are in the harvesting stage you are WRONG! BLDV is just exiting the development stage and entering the growth stage...In fast all MJ companies are in growth stage and that's because they can't house alot of money at the bank due to federal regulations and red tape. Therefore, 95% of MJ companies are reinvesting there money back into the business to build a solid foundation to grow. It costs money to investment in infrastructure (i.e. CAPEX, people, product).
SO PLEASE don't say you're here for profits because honestly i rather see the money go back into the business right now.. That's what a smart CEO would do (plus pay less taxes). We won't being seeing much profits until revenues reach a certain point. So what i'm saying is you should be more concerned about sales/revenue aspect. Once we get that then talk profits but at that time we will be well above a penny.
GO BLDV!
WnF
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