Yup, I was thinking the same thing. Investors waiting for a pullback may find themselves chasing.
People fail to understand that emerging markets behave much differently than other existing markets. Throw a lot of tools and assumptions out the window, because the successful new companies in the CA MJ market will keep growing and producing more revenue very quickly.
CA MJ companies will also behave differently than the CBD and hemp companies as their profit margins are dramatically higher.
Fail to invest properly during a good emerging market and you may regret it for years ( or decades). These markets don't open up every year.