How do legal weed companies make money? By selling stock to donkeys and then dilute the hell out of it by selling more stock to donkeys. Most people in Canada don’t buy legal weed they buy it on the black market from a mail order marijuana shop for a fraction of the price.
tyson_bites
Posts
-
-
Pumpers pumping to the pumpers lol. Cute scam this company is
-
Yeah they need him yet. The company hasn’t lost a billion dollars since he took over. They need him at least for another year. What a bunch of screw ups that can’t make money selling weed.
-
Big doggy what do you mean strong? As in stinking?
-
It is a pump and dump. It was a dating scam. Guys met a girl on app then she talks about how her relative has inside information.
-
$7 for a 10 mg edible from the legal stores. $10 for a pack of 10-20mg from the black market.
-
These losses have nothing to do with COVID. There is no money in legal weed as long as the black market has cheaper better products.
-
I have to buy 285k shares before it does the dead cat bounce. Started shorting this at 5.50.
-
This company stays afloat by selling stock to donkeys.
-
The only way this company will turn a profit is if they crack down on black market weed. Legal edibles cost 1000% more than Mail order
-
As soon as they can’t find people to buy stock to keep it afloat, it will be tits up.
-
The problem is that this company makes money by selling shares, not selling MJ
-
You think this is a real company, how cute.
-
This company is a scam
-
How long will it take them to burn through 175M in cash. I would think they will have to raise cash again in 6 months. Lol
-
So this truck is basically a soap box racer that is designed to pull a trailer, is that correct? Why don’t we build a hill that slopes from the west coast to the east coast and one that goes the other way. Gravity powered vehicles are the clean green future.
-
How is this company worth anything? It is just a scam.
-
You don’t need news, you need to look at the financials. If the US legalizes weed, it won’t be some financially troubled Canadian company that will be supplying the product. It will be one of the big players that are already operating at the State level.
-
Looks like you get to be a bag holder Marc
-
This stock has performed extremely well. 100k shares @ .08 sold them at 5.60
OGI
CRYBF
OGI
OGI
TIRX
OGI
OGI
OGI
OGI
OGI
NEPT
NEPT
CRYBF
CRYBF
OGI
NKLA
NKLA
OGI
OGI
GNUS