Spot On BG, boy I would hate to be one of the few on the sidelines now. CANB continues to make all the right moves. Facts are pretty solid: : Lol! Debt to build a massive seed to sale hemp-CBD company coupled with historic year after year revenue gains is a good thing. You have to expand to make the revenues increase and CANB is doing a fantastic job expanding and generating revenue. TSL* has a mind boggling 42 billion dollar "debt" but the company is growing massively.
There's good debt: expanding the company and making huge revenue. CANB example: Revenue increased 606% to $1.9 million
Gross profit increased 291% to $0.7 million
Adjusted EBITDA loss decreased 30% to $0.9 million
Total assets increased to $17.0 million
Total stockholders’ equity increased to $6.2 million
CANB CBD is done, over and stick a fork in the bloated pig. No NASDAQ and all BS from this trainwreck. They cannot stay afloat with the MASSIVE debt much longer.
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