Let me just say, your comment about the money coming into the space not happening again may not necessarily be the case. 2012-2014 was another time when “crazy money“ was coming into the space as was the fact in 2009-10.
This market is still relatively new to the investing world, and with all sectors, it comes down to drivers moving the money. One such driver remains looming at this time and that is the political action in Congress relating to overturning the controlled substances act. Although this company is no longer directly involved with the cannabis sector, it is still well-known and associated that way, and will also capture a large part of the CBD money as well when news is released that there are federal laws protecting all cannabis related companies.
When that news occurs, a legitimate extremely low priced ticker well situated in the space such as this company will explode in my opinion, which is why I see dollars coming here. Todd knows this as well as I’ve had many conversations with him over the years about it.
You can trade here solely on fundamentals if you wish, but I continue adding to my long-term holdings for when that time comes. I believe it may not be far off at this point.
Regards,
Neo
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