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In Plain Sight

03/06/23 2:10 PM

#19617 RE: megazoo #19616

A few points...on some of your recent concerns. Frustrating to watch a stream of likely ETF sells move the tick lower ...Q: Guess who? A: MJUS!

1, The EVP MA is filled by Mr. Williams (fulltime) as I view this. What are you not seeing specifically? I too cannot account for Mr. Pear, but he does appear as absent.
2. The suggestion of writing down assets for a gimmick return that conflates cash flow generation against fewer or decreased tangibles sounds like a bad idea. Ultimately worth less? That is NOT being a good steward of capital. And, as such, writing up bad assets is also a bad idea (potential fraud) See: https://www.greenmarketreport.com/tilray-investor-sues-over-false-inventory-claims/ where "waste" is "value"? In sum, a write off is a write off when recognized. Most of the time. Ah, but 280(e).
3. How does (according to Twitter CEO's and CFO's) does your point in 2. work a positive bias or actually reduce the tax liability as drawn using 280(e)? See:
https://www.crowe.com/insights/3-fundamental-truths-about-irc-section-280e as I suspect more than a few of these are a result of poor planning and awkward attempts at poking the bear while maintaining a balance at the IRS by delay or nonpayment of taxes due as a "loan" at low interest, as some may find due sooner than later with such amazing results in spite of nonpayment?

While I realize I'm conflating some items as my questions pose, I'm not certain there is any upside to the use of gimmicks, nonpayment, or deferral of taxes, nor in any case, loss of key personnel. Growth measured to relative outperformance is a metric of course, as is core (individual) growth over time. In an unlimited license environment, I think the key question(s) is/are, "Has the company's growth by both organic and inorganic means resulted in lower, equitable or higher gross revenues based on the percentage of total available market share/like number competition and earnings as measured against that competition as sustainable for one's timely debt service and allow for productive M&A in their sector's market as a whole?" (Sorry for the compound run-on interrogative, whew! but I had to add in the growth factor assuming it is a good decision and results in a net positive since the canna sector seems Hellbent on capturing what market share there is)