By Tom Winnifrith | Tuesday 31 December 2019
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In a recent bearcast I termed Zoetic (ZOE) a cannabis stock. The company says that this is wrong it is a hemp stock. I am happy to apologise although my thesis of a company late to jump into a bursting bubble and with cashflow issues that require an urgent equity raise is unchanged. But I’m sorry for my sloppy use of language which just shows how long ago it was that I did any first hand personal research into this matter. Now to the apology Zoetic needs to issue.
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