Sugarmade Inc (SGMD)

[BesaoT35]

Is there a logical bottom to think about with a stock like SGMD or is it .0001 that we are to expect? Is there a book value? Are there any assets that have a value? This stock was once at 40 cents per share not that long ago. Today it is 0.00265.

How could things possibly go wrong to this extent in such a fairly short period of time?

Cannabis stocks are under selling duress in general, but SGMD is more detested than most it appears to me.

I suppose my question is this: Is there a fair value that could be assigned to SGMD below which an investor would intelligently consider buying stock and not be a total fool?