Market cap is less than $20m... downside is very limited. The company has now entered into the recurring revenue and growth stage. This takes CROP from and "idea" to a successful company. My guess is that over 75% of the "weed" companies have realized it's much easier to pump up their stock with big promises and sell shares to fill their pockets with cash than actually produce products. CRXPF has entered into the category of the REAL DEAL weed stocks...so again downside is very limited. Think Long term when another 750 acres comes into production next year with a proven system. KA-CHING!
I would like to see 17-18 cents hold on any sharper move down, but it sure would be nice to see 20 cents hold on any test and then move up and over 25.
I am hoping Farm Bill will pass and this should get a strong move from it.
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