We were expending funds to finish buildings...pre-revenue. Now we have revenue. Now we are also larger after acquiring ACC.
All cannabis companies...pre-profit...are on shaky ground. Spending more than they are bringing in....is why the industry is down....just as during the dotcom era...after the first round of venture capital funding....failed to produce profits.
Almost all canabis companies are spending more than the revenue...they are bringing in.
If we have to be spending more than we are bringing in.....I prefer Nilda Rivera's unrivaled...top of the cannabis industry financial experience...and industry connections.....she brings with her....to get us through.
There is upside coming....that is why Rivera is here. She banked her career on that.
You are free to believe whatever you choose. Rivera won't lose...bet on it.
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