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Re: JohnCM post# 179

Thursday, 06/01/2023 9:45:34 AM

Thursday, June 01, 2023 9:45:34 AM

Post# of 276
Bullish into the summer doldrums?

Higher Cannabis prices from now thru aug is a low probability outcome.

Cannabis is due for a good summer, but still a low probability event.

Liquidity is absent most summers too.

Cheap can always get cheaper, especially in cannaland.

-20% to -50% doable by the end of Aug, especially if congress fails on any action to move cannabis forward federally.

GL
Cheers John!