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Re: strategydoc post# 31989

Sunday, 11/24/2013 12:42:55 PM

Sunday, November 24, 2013 12:42:55 PM

Post# of 120671
Agreed. Definitely a new company direction has formed out of Q3, and for the better long term. No way they can grow the business dramatically with more brick n mortar and websites. GIFT and kiosks are very wise choices for them. Hope they can capitalize on them. If you can't sell into legal states, then who are you going to sell to? :) Next couple of quarters will tell that tale really quick if company can execute on that. By next summer when first WA retail stores open we should have a great answer if this company is going to survive or not.

I must have missed where they said they'll withdraw further guidance. Probably also wise as they try to sort themselves out. You can't continue to promote "record sales and growth" and miss your estimates at the same time. Seems disingenuous to me.