Thursday, January 26, 2023 2:17:57 PM
Ya know what’s not good for stock price recovery? Writing off assets that previous equity raises and dilution funded.
— GoBlueCdn (@GoBlueCdn) January 26, 2023
Nothing screams “trust the c-suite to be good stewards of capital” like a good old juicy impairment.
I hope VeraNO wasn’t sloppy in acquisitions DD too.
Colorado? Imo, business is about to get better than ever for the best still in the biz like Schwazze. The TAM didn't go away, although it may change a bit, let alone allow growth for the nimble and efficient that take market share from those who apparently expended their once vaulted and seemingly unlimited resources on something now, unproductive because of their cost structure and misplaced sense of favorable government policy.
Why do you think they (will continue) call it dope (in '24)?
Try asking the U.S. Government's ubiquitous paymasters --Big Tobacco, Big Pharma, the Cartels, and of course the Chinese!
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