Thursday, March 30, 2023 12:18:50 AM
Also curious as to the impairment, but I think it possible we could see more fallout in Q1 from this. Consider the loss of human capital there. They relocated and then folded up a C-Suite position on Wholesale. Inventory write down, termination of contracts, perhaps some leases as added in totality. Will be reading the fine print tomorrow. To be sure there will be associated savings realized, and likely what was a previous cost will be deployed into additional higher revenue producing retail sites. Like you, I didn't read they sold that discontinued biz line anywhere. Overall, I think it a good decision and for the consulting, about half a year late, but there was prior litigation and perhaps more viable diverse leads before the economy jitters. I believe even successful in several of those legal pursuits that the former in charge may have let otherwise slide?
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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