I posted this yesterday, but I think it warrants repeating.
It's not just Vate, the entire sector is down, and it's been significant. Even a very positive PR would not be sustainable over the past few months. It would not be able to overcome the hugh downturn.
For example (and these are just a sampling as there are many many others):
HIPH - hit 52 week low on 8/23
PURA - on 8/12 hit lowest pps since September 2018
TRTC - near 52 week low today
CVSI - at it's lowest pps since July 2018
KGKG - 8/22 reached its lowest point since the end of April
TLRY - hitting 52 week low as we speak
CGC - hitting 52 week low as we speak
EDXC - on 8/20 hit its lowest point since early Marsh
VFF - only 20% above its 52 week low
TCNNF - only 12% above its 52 week low
GGBXF - down 73% from its high pps in January
ACB - down 55% from its 52 week high
CWBHF is one of the few holding up, and is in between 52 week high/low. So, not great but not as bad.
I still hold the same enthusiasm for Vate as I did all year long. I think it will extremely well. But I do keep tabs on the entire sector. There are many articles discussing the downturn. Sentiment for the sector will rebound.
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