It Makes me Laugh...It makes me laugh when I hear how "risky" Sunniva is and how Canopy/Weed/Aphria etc etc are less risky.
Risk is a funny word because risk does not always account for potential return. I suppose these plays could be a bit less risky but investors shouldnt be concerned with just how risky an investment is, theyv should be concerned with the risk/return ratio. Could Canopy/ACB/Aphria drop 70%?Likely not, but quite possibly 20%-50%. It is also extremely unlikely in the next year they are going to increase 70% though as well
Could SNN retract 50%? Possibly, I dont see it but it could happen, sure. Could they move up 100% by end of year? Absolutely, could they be up 200% by end of year yup.
Of course anything is possibly on both ends but when you consider the odds of each scenario...
Which one would you rather be in?