I am long on THCZ but a start up in their second quarter spending money on a race car sponsorship is definately not a wise move. What happened to all that money WE spent on Rhino? What are they doing?
Okay, the company had a misstep with this move. Let's hope there aren't too many more. Race car sponsorship is almost a vanity thing that large companies usually do. THCZ is too young to be doing this.
They need to learn from this experiment and bail from it. Mistakes happen.
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