Pickle, NO to the question, here's why.
Hi MallenNV, Do you have any doubts that Jimmy will want to turn this around later IF US legalization becomes law?
SGMD is "SUPPOSED" to already be in the MJ space in states that are legal. Other legit MJ companies in states that are legal are making billion$ in revenue with real sales and profits (Legally). If Jimmy were (in your imagination) trying to turn things around they would have been achieved in the MJ legal states they claim to already be in.
This is not about Jimmy turning things around. This is not about running and having a successful business. This is about selling shares period.
If SGMD is in the same MJ space now (legally) and you believe that SGMD's failure is due to the entire USA not being legal, you have just convinced yourself that SGMD has failed in legal states and will fail if all states become legal. Failure on a larger scale.
I get it. You are on a mission to either find the cure or believe the cure is going to happen by de-regulation nationally when those regulates are already eliminated in the sates SGMD says they operate in. You’re loss is making you think that there is hope.
I get it but the truth is right in front of you and not in some congressional de-regulation.
If you own a failed lemonade stand on one side of the street and that failure was intentional, what makes you think setting up another stand across the street will make things all better? When failure is part of the plan you end up with two failed lemonade stands, RIGHT?
Besides, SGMD’s cusip and SIC code states they are a paper company with NO mention of cannabis.
If they change the CIK you can bet the ticker change will soon follow. I told you they would increase the authorized and as such I believe also the cusip and ticker.
SGMD is not about regulations or compliance in the MJ space. They are set up to sell shares, not pot or paper goods.
As far as I can find they own NO controlling ownership of any of the affiliates they are working with. Any mention that they will is moot until it’s official.
PLAY THE GAME!
