RE:2017That pretty much sums it up.
Seems every other day the industry is making an announcement of progress.
I think the Aphria Shoppers announcement is good for everyone! Sure they spiked and we have drifted down a little but that is a HUGE chain that is now taking part. This goes a long way in cleaning up the stigmas against mj. Thats good for everyone, I think.
I also believe that it was down to Aurora and Aphria. I base this on the massive load up last thrursday at close on both by someone.
I think committed supply could have been an issue. I base this on the aggressive EU pursuits of aurora. I can see Shoppers might viewing that as a potential of not being preferred or priority. Or maybe it was just price and Aurora wasn't will to sell that much for lower banking on the EU higher profits? Anything around this is about as speculative as it gets. I am guessing.
Either way good for Aphria and good for the industry. We have and our fair share of good news lately and I am sure have much more to come in the next few months.
I am confortable riding this roller coaster till Julyish, then who the hell knows.