Totally agree as far as dead money. While I've been buying shares recently this guy really hits the nail on the head and certainly gives reason for a pause.
Plus the silence in management speaks volumes. New Mexico looked very promising in the beginning of legalization but recent uncontrolled dispensaries growing parabolic in a state with 2.1; mil vrs Co. with over 6.1mil and 635 dispensaries who is struggling financially certainly isn't a successful formula.
N.M. really fumbled the ball here. Hopefully they can correct the issues in a very timely fashion. Like yesterday!
Plus Co. sales have continued to plunge month after month. The state was doing $150mil 6 months ago and now $120Mil. Again lack of enforcement. Black market is running amuck and state officials do nothing.
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