To be clear... as far as the broader market in concerned... we have a long way to go before we stabilize... IMO there is more to go (Looking for Dow 18k) on the downside...
Not paying attention to the space? How about the request from the SEC to Cronos regarding past inventories. You may have missed that this morning but it doesn't matter. The previous quarters will be revised to the downside because of this. How long will this once in a lifetime industry quit setting itself up for failure? Still being their worse enemy even with a major player backing them. I take my posts seriously and translate my personal thoughts into words. I'm never bashing anything but this industry and it's way of doing business has me questioning one word. Why? Been posting since $29 .
And those online sales will diminish quite quickly. Takes money to buy but we see what's happening. Reality will be realized near term and I hope and pray that we all find a way to look back a year from now and compare this to Y2K. LOL.
Cannabis stocks are all turning up. You don't have to be a cheerleader, just a simple fact that MJ investors have gone through 24 months of a slow drip pain and torture.
We are due!
They simply sold off to ridiculous levels. MEDIPHARM profitable. Great extraction company. Now a buck.
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