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Re: Slider25 post# 24562

Wednesday, 03/11/2020 9:06:17 PM

Wednesday, March 11, 2020 9:06:17 PM

Post# of 30448
Daily reminder that the entire sector is down 90+%, not just Canb.

Here is today's scorecard sampling:

Elixinol at 52 week low and down 95.3% ($4.25 to $0.20)
CVSI at 52 week low and down 90.9% ($6.59 to $0.60)
CBD MD near 52 week low and down 88.7% ($7.24 to $0.73)
CBD Unlimited near 52 week low and down 90.0% ($.745 to $.075)
Charlotte's Web near 52 week low and down 82.6% ($25.25 to $4.39)
Tilray hit a new 52 week low and down 90.6% ($75.55 to $7.09)
Aurora hit a 52 week low and down 91.7% ($10.32 to $0.86)

Excuses being made that Canb's 90% drop is due to fundamentals, but the other companies listed are better because they have a higher market cap, larger advertising budget, or haven't done a reverse split.

If you invested in Canb and have a loss of 90%, is that any better than a 90% loss in CVSI? Isn't 90% the same as 90%?

Excuses also made that Canb lost $57 million in market cap. Reality is that CVSI lost $540 million in market cap. Charlotte's Web went from a $2.8 billion dollar company to a $470 million company, or a loss of over $2.3 billion. Yes, that is billions in market cap that they lost. How is that better?

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