Those results are ugly. Not all of it falls on management though. New Mexico is doing a great job of ensuring the black market remains strong, and over saturating the state with dispensaries. The fed foot dragging on banking, rescheduling, makes the current situation even more of a struggle. Good management though should take these scenarios into account and finds a way of gaining market share, not offering excuses, not saying that things are great when they are not, and certainly not over-compensating management for not performing. It amazes me that it has been years of inactivity in banking reform, taxation reform, scheduling, inter-state commerce for MJ with such a huge potential in jobs, state and federal tax, banks getting a new line of loan opportunities (especially with commercial real estate tanking), and on and on. It defies logic.
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