What are you expecting from cannabis industry? - Expansion in small cap LP would be 5-10x compare to big cap 2x.
- Sales license is a catalyst from 0 revenue to + revenue.
- Supply agreement or revenue growth
- Edible market legalized
- Entering US market
- M&A share dilusion or JV limited spending
- International operation
- Horizontal diversification
- Patent in cultivation or processing methods
- Minimize cost direct or overhead/operational indirect cost
Green day in this sector depends on everyone sentiment towards the future. All cannabis investment is good as long they own the land/property and focus at low maintenance cost per gram. There is so much to look forward. Why do you need to scam in the gold rush? Or drug business? All these LP is sitting on money printer. Money grows on tree, literally. Only ignorants, try to spin it off and predict it is going down forever.
It is multipurpose ingredients/raw material that is perpetual and real not intangible cryptocurrency. It is a commodity that is controllable and have more exact output predictions compare to mining. It will have many enemies as it take away revenue from pharmaceutical, textile, oil, plastic, paper industry.
There is no need to bash fellow LP, we are in the same boat. All LP WILL RISE.