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Thursday, July 21, 2022 12:16:41 AM
Too late to help shareholders - they've become bagholders.
The ranch is probably the most valuable non-producer. It should still be attractive to MSO's wanting to enter or expand in California IF legalization ever comes to fruition. Of course, even though WE paid for it, WE wouldn't get a cent out of it.
The Portland distribution center may be generating small revenue, but with Oregon's hemp and cannabis markets shrinking faster than a cold pecker, it is no longer necessary as I don't see expansion into the Portland area happening anytime soon. Therefore that useless property should be offloaded.
Two Budegas are open, but really - who even cares anymore?
McDonald's used to employ a thief that ran around stealing hamburgers. He was easy to spot in his black-and-white "convict" getup complete with mask and cape.
Halo also employed a thief. He was harder to spot in his light-bulb-wearing-a-button-down-shirt-trying-not-to-look-like-a-complete-tool disguise. By the time he was spotted in the WHERE'S THE CROOK picture book, it was too late.
This CONpany's new strategy (and something they should have been concentrating on three years ago) is to focus on "near-term profitability" instead of buying every shiny bobble the retarded CEO laid his eyes on.
Oregon is still on track for allowing psilocybin therapy in 2023, though we haven't heard from Red Light Holland in ages.
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