Well, every Tom, Dick, And Harry is rolling out we
Post# of 7775
I keep asking myself, what happens when hemp legalization comes? What will they do differently then they are doing now? Advertise? That wont get it. Justus needs to become GRCU's in house grow op and supplier, supplying the highest strains of hemp raw materials that only GRCU can access. Then MMJ and ultimately MJ as legalization comes. Jones should resign as CEO and commit full attention to developing new innovative products and then announce that Justus is now a GRCU subsidiary, and I feel that is what is going on behind the scenes.
IMO, GRCU needs a CEO that is able to get out in front of the masses and scream how good a CBD product GRCU is producing - if in fact that is the case. At current, GRCU can not do this, because they are not producing there own oil. I'm hopeful that is why management is laying low until they can come out and pronounce they have a process like none other in the industry, then begin to become vocal and spread the word on their new high grade strain of CBD products. But be sure, calkin and others are hard at work doing just this...time is of the essence IMO
Another problems we have is the SS. It is and will continue to cripple pps at current distributions. When I see people say we are undervalued, I want to ask them how they come up with that theory? Because frankly, we are lucky to be at half a penny with the revenues generated to date (granted we don't know 4th Q revs yet). And management doesn't have the funds to do a buyback, you can forget that, but I think they could restructure post merger with Green Cures setting up a landscape that is attractive to new investors to come onboard, that GRCU is company that means business and is here for the long term. But until they have manufacturing in house, it's hard to preach from the rooftops.
My .02