AusCann (ACNNF)

[ForAllSadWords]

I think we can ride this out. Im in at .60usd and if it hits .17 again I think I'll just add until I've averaged down below .50
Long term I think this will be one of the Australian companies that make it, along will cann group.
I have some Zelda and MGC Parma but that's more speculative.
Auscann is of course speculative in itself but given the management plus experience canopy brings to the table (they are the major shareholder and voluntarily tied up their shares for 3 years) coupled with the possibility of exports to Asia and the near certainty that at least domestically they'll be a major producer, I believe we have a solid company.
Dilution is never nice but as long as they actually use those funds for smart expansion then I'm not concerned long term. It just hurts to be at a 50% paper loss currently.