Replies to post #14840 on Right On Brands Inc (RTON)

[dcspka]

It went to .01 on the initial MJ legalization frenzy when Slo Joe was first elected. People quickly realized that Jerry sold his position into the strength of that rise and that was that.

While you are right about the increase in stores, Jerry actually owns just 1 (?), the rest are franchised not giving RTON much profit margin. Also, RTON doe not manufacture any of the CBD products- they are bought from an outside source. The current business model simply does not leave any meat on the bone for the shareholders.

[iHubInvestor70]

The company will never amount to anything while Grisaffi is the CEO. He already has a multi million dollar judgment against him for fraud. No one trusts him. He should go back into the car business and let a real person manage the company.

The franchise stores will generate a bunch of sales initially and will then die down. Heard anything about Laredo recently?

In California there are dispensaries on every corner yet no franchise model, do you think that Grisaffi is the genius who suddenly figured this out?