Clever Leaves Holdings Inc (CLVR)

[kahlua]

Well if many others market participants made 1000% last year like you did then we may be much closer to the end of the 1999 scenario. The only time I saw such returns was in 99 before the equity bubble burst in March 2000. I certainly see anecdotal evidence everywhere of speculators being rewarded far more than fundamentals would normally allow. Certainly Understand your capital preservation stance. I gave a lot of my gains back in 2000 near market due to complete lack of valuation analysis. Although frankly if I’d have had any of that understanding I probably would never have bought the stocks in my portfolio, many of which went parabolic! Lol

The momentum got wrung out of the mj sector super fast recently . But as long as the overalll market doesn’t fall apart I’d expect 2H 21 to potentially offer upward momentum on removal of 280E and perhaps the beginnings of a decriminalization framework coming together. Big tobacco and alcohol are part of the group pushing hard to get the Federal government on the same page as the states. Also they want this wrapped up and in place way before the mid term run up so I’m thinking they hash out their differences and get decrim done prior to YE so it can roll out in 22.

Frankly there are so many scenarios that support an upward trajectory for CLVR but the biggest in the medium term, would be US decrim. The market unraveling due to unchecked sky rocketing yields is probably the biggest threat that I can see. All imo