| "The SEC had said that Monsanto lacked sufficient internal controls to account for millions of dollars in rebates that it offered to retailers and distributors. It ultimately booked a sizeable amount of revenue, but then failed to recognize the costs of the rebate programs on its books." This is what happens when you take glyphosate and multiply the cost/production price by well over 50x and package it as some miracle product. If your marketing strategy is to mislead every single purchaser then it is no surprise that you lose sight of how many strands of bullshit marketing you are running. Roundup is a great example of one of those products that are cash cows for companies that market themselves as "the best solution" Every.Single.One of the roundup products is glyphosate, and that stuff will kill anything and is very very cheap. Dear readers be aware - glyphosate is a chemical that is present in all weedkillers (except the really shitty ones) so buying the brand name is a total waste of your money, and the amazing people at Roundup HQ know it. Buy the no-name, unbranded stuff. I can understand Coca Cola etc selling sugar water for huge margins, but I pull my hair out when it comes to something like glyphosate. That's how I get my roots under control. |
In the past, Monsanto has required farmers buying Roundup-Ready seeds to sign license agreements stating that only Monsanto glyphosate may be used.
https://www.ssjr.com/pubdigassets/presentations/lawyer_7/sbs...