There s NO future @ all for this POS. Incompetent management that is ONLY concerned with their own welfare. You will lose your entire investment if you hold on 'till the end. This is a failed company that has been run by selfish, short term thinking idiots like Poss, I've been predicting this failure for the last 2 years & now it's here! This is why the market keeps pushing the PPS DOWN. Play it as you see it.
IMO this is ready to move higher... they are sitting on more cash than current market cap... one human trial announcement and we surge to a buck...
I have always traded this stock around their biotech model... growing weed was always secondary... too much of a commodity driven environment... proprietary formulas & drugs manufacturing... that's where the real $$ is... I like their current direction...
Biotech's are notorious for not saying much... they have been in this arena for quite some time... I also wouldn't be surprised to see a string of drug announcements over the next year...
Now a longer-term play... the reward potential has increased significantly... it only takes 1 drug in this arena to change the the complexion of a company...
Haven't had substantial news here in a while... wouldn't be surprised to see something shortly...
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