PRECISELY...IMO people aren't convinced Alper can focus and deliver on his 15-20 various projects. Seriously, no bank can FINANCE a weed business until laws are changed. And what individual/ VC firm will hand over millions to an inexperienced newbie CEO with no other management or board depth in exchange for shares which they can't redeem for SIX YEARS and remain passively on the sidelines while Alper runs the show????
IMO this ticker keeps falling because nothing matters except growing and selling MMJ...and BLDV isn't doing that. Plenty of others are. It's not a mystery.. it's not rocket science. Find an empty building, lease it, 're-purpose it, get a license and start making money. Instead Alper thinks the road to riches is in providing cleaning and janitorial services, developing cupcakes and Star Snacks, and developing grandiose plans for an "Emerald corridor" of 12 giant grow facilities in Michigan when it hasn't even launched ONE yet.