[Gustoo]

I have experience in this space as a businessman. Most of the companies I know that have made an IPO are not good operations, and are leaning heavily on capital raising efforts versus good operation efforts. Their branding efforts are generally made to appeal to potential investors more than consumers. Many of them have a weak understanding of consumers and have grown to be a "large" for cannabis company more through lobbying success in their local region rather than being a meaningful player in the cannabis community.

The robust operators are not publicly traded and do have a brand that has meaning, which they protect. They are vertically integrated. The space (in california) is messy and there are very few I would place an honest bet on but there are some that I would jump on if they were to make an IPO but the reality is that the market isn't that big so I don't think any of the good companies with real stable growth are going to be making an IPO any time soon.

And the people that are capable of running a company with a lot of investment money and operating it in such a way that it is actually profitable are not wasting their lives on something that is still illegal at the federal level, so you really don't get the top grade C suite guys on board. Most companies TRY to make it look like they have grade A executives but those execs are generally guys that don't cut it in an industry that performance actually matters. None of these guys are successful virgin group execs that decide to go take a cannabis company to the limit. They are guys who have some existing but insignificant track record at any name droppable company that can appeal to investors that are not the smartest. Not that they are dumb, but I think many of them are duped.

It's not like when cannabis became legal all of a sudden everyone over 21 breathed a sigh of a relief and started buying cannabis once a week.

When it comes to dishonest twitter bets the stock doesn't matter so who cares.