Some good points but with hindsight being 20/20, Dan Kriznic had a good blueprint from his Deloitte M&A, finance background, but being a CEO from the ground up is an entirely different mindset Richard and requires experience of knowing how to actually build a company and market/distribute its products etc...I believe (my hunch) is Dan and Mr. Kveton believed that once legalization came through that there would be a second wave of momentum and inspired valuations, thus why Dan starts spending on hype and then immediately steps down and places a seasoned deal swinger at the helm but George is NOT AN OPERATOR.. So imho What they received was sector consolidation and then over-valuated cannabis entities beginning to show dramatic downside, so George Kveton a deal-making scale builder becomes instantly obsolete thank God he stepped down...The good news is they had two very qualified operators that have built real businesses in Dixon and Ripa and the best thing that has happened in this Black Swan of events was for them to seize control of all operations and begin to focus on streamlining and setting a course to profits...
Richard you are right to question and scrutinize, just remember that things can also turn in a positive direction as well with the right leadership team, so I implore you to stay nimble enough to see it when/if it happens.
Have a good one dude
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