Codie Sanchez, managing director at Entourage Effect Capital, said cannabis investors are no longer interested in the growth-at-all-costs business model.
“We’re not interested in market share-grabbing companies,” Sanchez said.
“If that is your model in cannabis, whether you’re in Europe, whether you’re in Canada whether you’re in the U.S., it’s probably not a great model for this market.”
We have been going for growth. They did at least say on the record a few times last year that they don't feel this is the best approach anymore. I think this biggest problem here is the convuluted mess of financing. I really wish they could consolidate all of this. I think we need to be survival mode and just get partners. Like IHeartMary. I like the sound of that as a partnership.
I have dry powder I've been holding back on, waiting for the world to fall apart. We are way overdue for a recession. That chocolate cannabis company, RMCF, in my examples, is holding strong as the world falls. Macy's, with insurance in puts, taking a beating. Glad I had insurance. That's why I had insurance.
This one, however, is getting a beating. And I feel like kicking them when they are down because they piss me off with the manipulation and the lies and the half-truths. It's not good business to be a spin machine. It's better to face the music, be consistently about the full truth, and gain trust over the long haul. And HLIX has been betraying my trust. Especially with this Vinente Fox situation where he is MIA. They don't have him on their website, so I think that's the final confirmation for me that he is MIA. No explanation given -- half truth.
Once again, the same thing with propaganda. Minimize and scandalize. The same repeating theme, over and over whether its state-run media or partisan media. Here, they minimalized it. Trumped it up, but then something happened. So, covered it up. Pushed it under the carpet. A lot of people think that's good marketing and good business. But it's not. And I think they deserve a punch in the mouth for it. I think a good 20,000-share sucker punch at .10 cents would make me feel really good. Jerks.
That being said, I hope we all do good, Hidden, and I do have 10,000 shares here. I don't mind breaking a few bones in my hand if I can extract blood and vengence. And then reap some spoils of war. Sparticus didnt' only get revenge. He kept the gold too! I like his ending too. It has ended yet because his mission was noble. The same end everyone comes to. Some sooner, some later. But not all with a clear conscience.
Julius Caesar or Sparticus? Who was the true Noble Roman? :) I'm going with Sparticus. I totally understand where Brutus was coming from.
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