CGC traded high 20's low 30's up through mid 50's in September.
Like EVERY other MJ company it was built up on the Canadian legalization and hasn't made it back to its high's.
Exact same story for any other MJ company you look at.
Must be really convenient understanding ACB "demise" due to dilution yet every other company you mention went down because.......right, crickets. Nothing to do with the normal build up on expectation and sell on news.
ACB is no different to any other successful MJ company out there other than:
- They still own 100% of their board room
- our "dilution" has us owning, partnering, or investing in 15 plus profitable companies, maybe.
AND, we are in the exact same shape as any other you mention but profitable next Q.