If you've been through multiple pump-and-dump cycles, you're not early. You're just still here. Why cannabis stocks trade on plumbing, not fundamentals.
The market does not care about sunk costs. Separating the vision from the vehicles used to pursue it is the audit most leadership teams never run.
Debt isn't the problem — the terms are. If your margins beat your cost of capital, you're not borrowing to survive, you're borrowing to win.