RE:RE:RE:RE:RE:RE:Expectations Another thing to factor in (referring to Berta's point about APH and CGC not having the largest bumps due to their license) is the much, much greater knowledge of the investor pool.
Arguably, before November 2016, I'd say well over 50% of today's investors had no clue about this industry and if they did, they chuckled at the thought of its legality. My friends laughed when I told them I bought a cannabis stock in 2014 (bedrocan at 80 cents), until I let them know 2 years later I sold CGC for an 850% increase in late november.
Now its not just smart money, its your large investment banks and average joe investor who are anxiously scouring the internet for clues to the next piece of news that will send a green stock rising.
Those clues in the month of December were licenses. Case in point, look at EMC when there's was announced (so much for it reaching my limit buy at $2.50).
So although I don't think this will soar like EMC's did, I would not be surprised to see this in the $3's by midweek.
Just my two cents.