I did the same with Prem myself but have started dropping back into MGC. Especially as research money is starting to feed into the Cannabis market.
I must say, Im not seeing this “bad management” narrative bear out in MGCs progress. They seem to be structured towards building sales and increasingly outcome focussed on research. Im sensing their may be a history to the company that has caused some ill will. I got in eight months ago but from the ticker i recognise that before my time there was some cause for concern.
Yes i got in two years ago and the management have been awful , maybe since i have sold they have become more structured and focused . Good luck to you i still have a few hundred thousand of shares so lets see
I’ve lost thousands with these guys, still got some left but finally saw sense before the weekend and sold most of them (good timing too with today’s price cash, still got a few hundred thou left though). I’ve transferred most of it to HEMO, who feel like they’re actually making progress
It does seem to be a stick tinged with an emotional past. Nonetheless, an objective view of the last six months of updates have all been positive. The cannabis market is going to be a bumpy road until legislation and heqlthcare providers are fully in prescribjng mode
, i just can not see MGC moving this forward with their current management , they just gave no drive.
