Cannabis Strategic Ventures (NUGS)

[Eternalist]

Never took too big of a position in NUGS. I was bullish in the past...

Reasons for doing so:

Compared to other microcaps, this one had a relatively small float
CA is a state with legal cannabis laws
Seemed it was working with OTC Markets to move up the tiers
Federal legalization without delayed could have increased share price

Now:

Float increased a lot
Federal legalization is the can getting kicked down the road
Company said there is a serious doubt they have a Going Concern

Holding only 5,000 shares, so it's a small loss to date.

Good Luck to others out there!