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I apologise to Zoetic now it should apologise for deceiving investors

Tom Winnifrith
Thursday 2 January 2020

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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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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