Part of it is the reported drop in revenue estimates due to rocky roll out. I’m dying to see some numbers. Only ones I’ve seen so far had us at 5% of some particular province. Rubber hits the road in increments over the next year. Sales, expansion, edibles, etc. Industrial Hemp in the Farm bill is called “guaranteed” by Mitch McConell today and we just bought a bunch of hemp patents. Such massive potential when you factor it all in :)
undoubtedly one of many forces hell bent on buying the most for the least. Institutions working to get their number. Shorts applying as much muscle as possible ( as seen recently) in order to bottom out, cover and go long until the next best opportunity to go short again. All of it makes the market work.
WEED has the ability to blurr the lines of what is the norm, what's reasonable and what is off the charts impossible by todays standards of evaluation of mainstream companies. Talk about driving 60mph in a total white out with no headlights. Those that think they know what's on the other side once the smoke clears are in for a rude awakening. And the longs just sit here and wait for the carnage that is assuredly imminent....GLTA
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