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BBC: Germany plans to legalise recreational cannabis.
https://www.bbc.com/news/world-europe-63404181 for our German Shareholder how true is this? Where would we fit into supplying cannabis in Germany?
well, currently they are only talking about dried flowers for smoking. I don'T know how CBD itself is part of the discussion. I also not know if the lexalife cooperation between GDBY and Lexamed Germany is still in place.
Last time when I talk to the CEO of Lexamed they were allocating locations for selling.
Was hoping that as another revenue stream providing the based cannabis would be ideal for our business model especially as we have the infrastructure in Eastern Europe from our merger with stillcanna
They will probably move into something like weight management next. Would fit in well.
Wow. Share price is going to be negative soon. I think I owe Geremy money now.......but I support Goodbody Marc......
None of the things Anne and Marc had always predicted came to pass.
The departure from Canada and the RS would have a positive impact on the share price.
For me, this is now overpromising, under performance. No business updates in figures. No improvement in shareholder communication in the UK. Especially not in the direction of those already invested.
The share price is on its way to the pre-RS level.
I have been focusing on the positive things here for a long time. In the meantime, you have to hope that you get any money back at all.
Agreed Lebad and Alarno. I'm now showing a loss of 96.89% of my investment. Its finished. This was a monumental waste of money. After all their wheeling and dealing, chopping away at PI value over the years, it is now impossible to break even, let alone make money. Always with the false promises. I genuinely believe either a) they just don't care about stakeholder value or b) they are wildy incompetent. Either way, my money's gone and it ain't coming back.
I regard it as being mugged. On the other side of the coin, Avacta looks like gicing so much, as a product and investment return.
Glad i got out of being involved with this bunch.
GLA
@MPBUK
thats really bad. That hurts if money is gone and you as an investor have the feeling that the company just did a lot of mistakes.
I don't think they don't care about shareholder issues. I also don't believe that they are incompetent.
I just think that they are not focused enough on the issues due to lack of manpower. They are working on too many topics in parallel. Doing a lot of testings and try to find the right setup. Furthermore, nothing has changed in terms of shareholder communication in the UK.