Yep. The shorts are getting out of the Cannabis Sector now. The shorts thought the sector was overbought so they did their best to bring it down by short selling.
However, this is Cannabis we are talking about. People WANT Cannabis. The DEMAND is out there.
One of the guys in my Sunday morning golf league said his wife just got her Medical Cannabis Card. She is 71 years old and she loves the Gummy Bears. The point of this story is: EVERYONE over 18 is a potential Cannabis Customer and some customers are going to be customers for life.
Cannabis is not like aspirin. People only take aspirin when they have a headache. Thus, the Aspirin Market is limited to sick people.
However, you can use Cannabis to relieve pain. BUT you can also use Cannabis when you want to PARTY!! It is dual purpose!
It is only a matter of time before BIG PHARMA gets into the Canadian Cannabis Industry. Aurora has a patent on a Cannabis Pill.
Opiods are killing people. WHAT IF: Big Pharma marketed a Aurora's Cannabis Pill for all-natural pain relief and it is totally non-toxic and cannot kill you ever?
Sounds like a winning product to me.
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