Cannabis Strategic Ventures (NUGS)

[Occasian]

I just read through their annual report, their cashflows and cash for operations is absolutely horrendous.

I hold a shit ton of shares, but I doubt this company ever gets out of the hole. Do you see their annual operations, assets, liabilities, and cashflow?

It's complete garbage.

Regardless of what they say, their past quarterly reports and annuals have looked like absolute dog water, and I would not recommend anyone put an ounce of cash into this stock. Let them burn!

They're in deep trouble too without more financing to keep the farm afloat past 2023.

Their operations run from 2019 - 2023 lease, and they'll have to renegotiate or scuttle operations. I doubt the cannabis industry recovers by then, so down they go, what a waste of an investment. could have bought TESLA instead