StevenRisk, I dont necessarily disagree. I mean cannabis sales saw a boom, due to COVID, and are slowly rebalancing. Add in that the feds will be doing 4 rate hikes, and 2022 sales could see continued decline. Then you have 2022 as a midterm election year, and midterm election years arent the greatest market return years. For the industry as a whole, I personally do not expect much this year. I expect more hype surrounding cannabis, and politicians trying to push the platform in an attempt to secure their positions. I think Schumer will push his CAOA...and run out of time to trying to last second push SAFE banking, because the opposition will be focused on blocking any win so as not to lose their own parties chances from overtaking seats. I will go as far as to guess that AOC will challenge Schumer for his seat using cannabis, specifically his lack of accomplishment while holding the #1 position to get something done, against him. Utimately I expect 2022 to end in another year of all talk no (cannabis) show, with the Dems losing seats and a lame duck session for the next two years. That doesnt mean that, in addition to possible stock price hype spikes, I dont also see some potential moments for the industry, as new states come online, businesses expand (seeing additional sales channels) and/or consolidation. As an investor in the industry, I am constantly reevaluating and restratigizing. SHWZ is my core position, and I still have faith in my investment. Even though my 2022 industry view is so pessimistic. I have no intentions on turtling. I plan to trade around a core position while also playing other avenues in a way that I believe will be hedging my bets. Whether or not they are the right decisions, time will tell. That's the fun of investing in this gray industry.
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