It is low due to the time of the year. Heading into Fall and heading into Spring are when these stocks do well (remember that this stock went to $ 3 in September and surged again to over $ 7 at the end of February).
This stock has just recently pulled out of the red for the first time due to major investors and is now doing its work with more money on hand than ever. Doesn't change the cycle, but it does mean that the company will remain in the business of bringing in biopsies and prescribing the right cannabis levels to cure specific cancers in specific patients.
With Cannabics, you are at the beginning of a new industry. Chemotherapy and Radiation companies will fight tooth and nail, but Cannabics has proven that its methods kill cancer without killing healthy cells around the cancer, so it is just a matter of time before Cannabics and Israel take over cancer treatment for the world.
I guess a counter argument to your wife would be she can leave you now when Cannabics is down due to the cycle and costs to ramp up such an endeavor, but she will have to agree in the divorce not to return for higher alimony or child support when Cannabics sits at a price of $ 50 or more per share, which is about 1/2 of GWPH's value, and GWPH will not have the long term sales growth of Cannabics. If it was my wife, that is exactly how I would present it. If you leave when it is low, sign that you are not coming back when it swings the other way.
I have been studying CNBX since late 2014 and been an investor since July 2015 after completing my due diligence. This is the number one medical marijuana stock there is. Others may rise and fall faster, but CNBX is actually doing research that you can track at clinicaltrials.gov that show that people are doing great with this product and when this takes off, $ 50 to $ 100 a share is completely within reason.
Good luck to you, and if you are still holding CNBX shares, good luck to your wife finding anyone with a better portfolio than this will turn out to be by this time next year.
Jim
