See they have a hydro dam be interesting to see what the savings are from not having to buy power off the grid if anyone knows what power consumption to grow Marijuana guessing be high
Seems to be a successful first day for them up 66percent I took part in crowd funding at one point very small holding I bailed today took my money to put somewhere little more proven and established
Seems to be a successful first day for them up 66percent I took part in crowd funding at one point very small holding I bailed today took my money to put somewhere little more proven and established
Well done on selling up . The train wreck has just begun . Down 20%.. wonder how it opened 66% up at the first place..
I have no idea few over optimistic souls I was pleased to be out was going to sell around 25cent listing price be happy get money back got nice wee bonus I went through stage putting money into odd crowd funding company here and there
Well none of the cannabis companies you could say are performing exceptionally well. RUA and CBD have similar looking downward graphs. I think it's just a matter of getting product out there. Most are still at the testing/compliance stages. 3 of these type of companies might be a bit much in NZ? I think all were formed before the NO vote around cannabis reform. If that had gone the other way they might be looking better. I don't know much about salaries and what is excessive, but I'll email to join anyway.
Having a quick look at their todays ann, if their losses continue this year IMHO the company will need a large share issue, who will front up if this is the case ?
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Originally Posted by Muzz1234
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