RE:Low volumeBobthebuilddr wrote: Every single marihuana company was down today, except ACB and SL. And as for volume. If you looked all of them traded at either half or less then half there normal average volume. Reason? I think everyone was just in a sit and wait and see what happens cause of Friday hitting the market so bad. Resistance at 1.08 to 1.10? We will see tommorrow morning I guess. Of the price withstood Fridays assault, and gained today. Everyone has now read that ACB has a app now which will start paying for itself quickly and then some. I think volume will pick up again tommorrow, not heavy but alot closer to average and acb stock gains 1 or 2 cents. But we shall see.
Bob, ACB is not like every other MJ co. Being a patient myself, I believe that they have been growing the fastest because they have the highest CBD strain on the market. It is not just that, though. Anyone who researches CDN MJ co's realizes that this stock has the most upside. It will soon be traded on the TSX which will demand a premium, they get their water free from the mountains (low-cost producer), and look at how good their management team is. They are racing to the top after only 8 months.
Choosing between MJ and oil was also an easy choice. The growth that this industry is seeing is incredible, and this is just with the medical community. I do not think that energy will ever see this sort of compounded growth again. Had you invested in cigarettes before the boom then it would be worth many multiples your initial investment, but what did that industry have going for it? No concentrates, edibles, or research to prove that it helps with multiple ailments. This and more is still to come. Sure, legalization is going to be big, but I know what it does for my pain and I think that we should expect breakthrough after breakthrough.
We only know about CB1/CB2 receptors at this point, but there are probably no less than 6 types of receptors in our bodies that the cannabinoids attach to in order to work their magic. I picture it like a harp, and different strains produce a different symphony in our bodies. The symphony works to protect us by stimulating some receptors and working against other receptors. Take the children that suffer from seizures as an example. My doctor would say that since Charolette's Web helps them to maintain a normal life then obviously their bodies are unable to produce enough of the cannabinoids that they need and so they must supplement it with cannabis oils. People take multivitamins these days. There is no doubt that we will have all sorts of cannabis supplements in the future. It is inevitable, and this is just what I know. I feel that there is a lot more to come. GLTA. Stop fighting it Bob. The trend is up.