How about blaming ACB, CGC, Tilray, Cronos, Canntrust. Good companies have been swept up by their incompetence. Credit crunch...you can blame them and the stupid investors who bid their prices up to stupid high levels. Tgod had zero debt and was transparent with their production timing. Their one big mistake was investing in too much capacity. And even that was ok if Canada wasn’t so screwed up in regulating legal weed. Very few MJ companies have a sound income statement and balance sheet. And those that do are not being rewarded with meaningful PPS appreciation. This company has secured the financing it needs to bridge its operation. It’s not a bad idea to accumulate at these levels....unless you believe they go bankrupt. 2020 should be a better year.
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