what's with the poor stock picking, page-7

Hi Bobbywho - if you are investing in pre-revenue micro-caps, then you should be taking VC style terms (Con Notes, board seat, significant capital advisory fees) rather than passive, straight equity and no board control. It seems like they are buying up many small, inexperienced operators with no pathway to liquidity event. I would strongly recommend that MMJ find an experienced VC exec to take over from the recently "deposed" Jason Conroy. The idea of a Canna-fund is great but only if you don't buy duds. Cannabis Access, Mary Jane and Hemple are the last three purchases - all are overpriced duds bought on non-VC terms for high risk investments with no line-of-sight liquidity event.