CGOTF......Tough to compete...with a $374 million loss.
This is zero potential that Citation could lose $374 million. He does have that part right....we simply can not compete with the losses most of the industry is producing.
We should be glad we only have a few million debt. We should be glad we don't have millions of sf of buildings dragging on earnings. We should be glad we hooked up with ACC...a revenue positive company...and doubled our license footprint in Nevada.....a market other companies find... worth fighting for...or paying a lot of money to enter in a big way.
It is tough to compete with $374 million loss....the entire industry losses combined....doesn't come close to those losses. Of course Citation Growth...CAN NOT COMPETE with that much loss.
Some peoples kids....say the silliest things.
CGOTF competed with the major Canadian producer by market cap.
CGOTF competed with the major U.S. Producer
CGOTF competed with the major Nevada producer
CGOTF beat them all...one month...three months...six months.
Charts don't lie.
Citation...is competing...in a market that...Canopy...ACB...Hexo...Chronos...Acreage...and the rest of the competitors in the other 49 states....wish...they were in.
We are competing...with the best triple certified organic cannabis...in the best market. We will wn
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