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DSherman

10/12/20 1:18 PM

#12363 RE: Buck Russell #12360

It’s not a big part at all except re interstate transportation and banking. There are THRIVING weed Cos today doing just fine. The sector, like all new sectors, is experience growing pains and stepping closer to big Tobacco Co style consolidation. All new sectors include Cos with no sector established experienced mgt at the helm which is obviously reflected in the number of failed weed operators nationwide. The big boys are very selective in how and where they spend their lobbying efforts as it is in their best long term interest to see as many failures as possible in order to pick up the pieces on the cheap. Looking at the sector from a short term micro perspective as opposed to a longer term macro perspective is misleading in any new sector. Cann has made some basic missteps with mgt, warrants and general financing requirements necessary for growth and successful acquisitions. These mistakes are why they were not able to capitalize and eventually lagged behind after the initial bubble. All that said, this has been a fantastic stock to flip!!
Cann $$$$$$$$$