CLS Holdings USA Inc (CLSH)

[cgessler]

In order to buy at 0.15, you need willing sellers, short or longs, doesn't matter. With all the momentum and hype, sellers at this level are scarce.

On the other hand, to move up, we need willing buyers. Most of us have already loaded up, so we need new buyers or a catalyst that will compel those already loaded up to load up even more, like news about a merger or expansion. Record months and quarters are nice (very nice) but at some point sales from a single dispensary will become saturated and expansion will be required to take additional market share.

I believe $CLSH is on the right path toward expansion with the recent deal with State Flower, which is owned by TerrAscend, which has recently raised the eyebrows of Canopy Growth Corp - which is the largest marijuana business by market cap.

While we have to wait for US legalization for all of this to happen, buying at this level is a no brainer.