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Re: Chichus post# 20345

Friday, 07/14/2023 10:24:17 PM

Friday, July 14, 2023 10:24:17 PM

Post# of 21240
Totally agree as far as dead money. While I've been buying shares recently this guy really hits the nail on the head and certainly gives reason for a pause.

Plus the silence in management speaks volumes. New Mexico looked very promising in the beginning of legalization but recent uncontrolled dispensaries growing parabolic in a state with 2.1; mil vrs Co. with over 6.1mil and 635 dispensaries who is struggling financially certainly isn't a successful formula.

N.M. really fumbled the ball here. Hopefully they can correct the issues in a very timely fashion. Like yesterday!

Plus Co. sales have continued to plunge month after month. The state was doing $150mil 6 months ago and now $120Mil. Again lack of enforcement. Black market is running amuck and state officials do nothing.
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