This is just my opinion
And my hope. This is one of MANY pot stocks out there,,, a lot that have been and still ARE, mining exploration companies. Gold and silver MAY explode up in price due to some financial collapse. Both have seen a pretty solid bottom.
The pot field is something of the opposite. As growers ramp up production, economies of scale could see prices to go down,, and stock prices too. However, if demand explodes, and producers can't keep up, then profits will be sustained and it's to the moon, Alice.
We have a sub ten cent stock here.
As a rising tide lifts all boats, POT could be a ten bagger,,, well,,, just because.
There's nothing wrong with a bubble, as long as you know that's what it is. I think that there's a bubble cpoming in pot,,, just like the last 3 or 4 bubbles in the last 20 years.
Tell someone you're into pot stocks and they look at you as if you said, I like Orange Man, and they back away as if you were the Anti-Christ. BUT when and if that tide turns, and that could take 3-5 years,,,
Heck, I looked at Apples some 20 years ago and it had hit an all time high of 15 dollars. Who knew. All I had to do is buy what was in my RRSP and I'd be a millionaire,
Would've, should've could've. DYODD. :*)