Post by
Adventurous on May 11, 2023 1:00pm
Getting the Share Price to the Proper Level
Increased revenues, no debts, it's all good for Nextleaf. The only thing lagging is the share price. It will go higher in a way or another, sooner or later. With no sellers on the market, those big buyers at 4 cents seem pretty sure to have found a diamond in the dust.
"The sector is in ruins and nobody is looking at cannabis stocks." This is starting to be old story now. Some USA or Canada good news in the media addressing the challenges in the sector and we are past that hurdle.
"There is a recession coming." It might or not, but cannabis users won't cut much on their purchases. Like food, tobacco and medicine, we are pretty much immune to a downturn in the economy.
Comment by
AuroraAurora on May 12, 2023 2:00pm
Inefficient companies shutting their *doors*.
Comment by
Buyhigheatchips on May 16, 2023 6:19am
You folks were bolder than me to keep buying down here in the dungeon but good for you! News about Alberta could get us back into double digits. Then there's CBD liberalization in the US and Canada at some point...
Comment by
Rat1Race on May 16, 2023 9:44am
That's funny, because my girlfriend has been using a different word than Bold haha
Comment by
stealthct on May 16, 2023 2:53pm
goes from 4.5 cents to 6.5 cents and the posting on the board ramps ups. lol. over two pennies? lol. i can't stop laughing.
Comment by
Adventurous on May 16, 2023 4:10pm
I don't know about your girlfriend Rat, but this is a case where rising share price and market penetration work hand in hand for sure.
Comment by
AuroraAurora on May 19, 2023 10:33am
Tasty shares for my account nom nom nom
Comment by
stealthct on May 12, 2023 2:38pm
Nextleaf is profitable? since when?