You're absolutely ?? correct. I was one of the first investors when it was TRTC some 13 or so years ago and made a lot of money but when Peterson and his wife rumors started going around I bailed.
I heard many stories from vendors of financial mismanagement that was probably fraud at best, theft at worst. Sad thing is I think the practice was rampant.
I can't say I'm a fan of "corporate cannabis" and the glut of mid-grade on the market and ultra fine cannabis hard to find, but they do run a legitimate business even within the cash model.