AusCann (ACNNF)

[ForAllSadWords]

I believe that support levels are firm at .50 aud however that would be .375 usd (I'm in at .625 usd) so I'm tempted to sell at the current loss and buy back lower but I'm here for LT capital gains, and I'm fortunate to be able to average down if I sell some of my other holdings that are gains right now. I still believe in Auscann long term, the big players that service the Australian market will have to be domestic companies as shipping will not be cost effective for an international/ outside company, hence the early leaders in the sector (canadian LP's) have invested in the various Australian producers early in as they know it'll be a nice little profitable business.

Auscann will surely be one of the top 3 if not the no1 Australian company down the road. Just a matter of time and good decisions on the companies part. Canopy will help with that and should help pave the way for a profitable company.