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Re: arckonei post# 16384

Tuesday, 04/05/2022 1:01:17 PM

Tuesday, April 05, 2022 1:01:17 PM

Post# of 21269
I think his realistic target is not to sell to another MSO/operator but to sell to big CPG, or some other behemoth, when the time allows. Sure 'doing right by our shareholders' could mean several things, and money talks, but he has been building something unheard of in the industry -- a profitable business that operates in a (highly) competitive location/market. The same cannot be said by the other MSOs. They are successful because they make bank operating in limited licensed, siloed, markets. They are successful based on geography and their ability to raise capital. They are successful because they are the few, if not only, 'legal' cannabis option in those location...so they can sell mid-to-low quality at whatever price and get away with it. Look at their excuse for quarters when revenue declined. They complaining over increased competition and price compression. To sell SHWZ to one of them would not only be a disservice to shareholders but also a giant business step backwards. We would end up being the acquired company, that also gets the short end of the stick. We wouldnt see generated revenue continuing to build our business. It would get diverted elsewhere to fuel the other decisions/growth. Ultimately, we would be the foundation to their deck of cards. Dye has the solution, and now is proving the business model. This model can then become the 'plug-and-play' to a much larger company entering the industry...while also carrying the checkbook.
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