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Re: JohnCM post# 127805

Sunday, 06/25/2023 3:04:54 PM

Sunday, June 25, 2023 3:04:54 PM

Post# of 128567
John...I think "trust" is not the right word to use... Klein would be foolish to destroy this company...maybe he is inept as as CEO, but thats another issue to discuss... IMO, the industry is saddled with punishing taxes, regulations, and pushing against alcohol, and cigarettes industry, and entrenched government officials who will not allow legalization of the MJ industry...during WW11, the USA had to allow "hemp" to be grown for the war effort to make ropes and canvas ... even hemp was on a schedule 1 restriction, and it does not contain the THC for the high...Klein is trying to "stay alive" by branching into new venues to make profit.. he has made acquisitions and deploying capital, and going in debt to try to succeed... making money from startup business is not easy... just ask a hamburger startup.. it takes years to recoup the initial costs to even make a dime of profit on the first hamburger... startup businesses are lucky to survive, pay rent, wages, taxes, licenses, insurance, transportation, advertising, etc.....Klein is paying his bills, and keeping the front doors open, so to speak, but he cannot seem to make earnings, as yet.. he said he is revising the company for profitability, and we will let Wall Street be the judge if he succeeds...I bought friday at 0.50 cents...Lodas