Cannabis Strategic Ventures (NUGS)

[Scumbag Fraudsters]

The only chart that matters.

Who gives a flying f about indicators when the line looks like the final moments of the flight path of flight MU-5735 on Monday?

How many indicators were there during the past year as this turd plummeted to the ground?




All the indicators I saw were warning signs put out by the company themselves each time they announced they were acquiring more property to grow more plants in a market already drowning in too much weed.

August 30, 2021

The Humboldt County Grower Association’s Ross Gordon told MJBizDaily.com Aug. 7 that he estimates the state is growing 1,700 acres of legal cannabis, but stores are only selling an estimated 1,100 acres of product. Another producer Adrian Sedlin at Canndescent told MJBizDaily.com that legal supply is 12 times legal demand now.

Another co. with one of the largest grow sites and the most grow licenses in California recently announced that due to the horrible market conditions they may not grow a single plant this year because it's cheaper to buy on the open market than it is to grow - there's too much wholesale weed available!

It doesn't take an astrophysicist to figure out that too much weed + more weed = way too much f'n weed.