OTCQX:CNXXF - Post by User
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ScreenName1on Oct 03, 2018 1:46pm
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Post# 28738903
RE:RE:RE:RE:RE:Cannex Announces Record Financial Results for Q1 FY2019
RE:RE:RE:RE:RE:Cannex Announces Record Financial Results for Q1 FY2019If the Jetty deal falls through I would expect a drop in share price. However, there are plenty of companies out there that need capital to expand, so they would just move on to the next deal. Delays happen, CannaRoyalty hasn't closed their River acquisition yet.
No out of state ownership of Washington cannabis companies is confusing to investors. People also don't understand that "oversupply" in a mature market like Washington's is NOT impacting Cannex's profit margins on sales of packaged goods and premium flower. If more people understood these two things I believe the stock price would be higher.