There's a Chill in the AirMy impression is that regardless of the fundamentals or positive developments for any particular cannabis company there is a kind of Chill in the Air .
Its being felt by industry investors of every kind and its is leaving a sense that no company, regardless of the facts or hype or anything else around them is going to be able to turn profits.
Too many of the so called majors are turning in disappointing results and questions are growing along the lines of:
What will it take?
Blaming CEO's and others from Stockhouse armchairs is totally unhelpful in terms of identifying core industry difficulties and the companies themselves are unhelpful to building a strong industry investment climate because statements are usually too vague with respect to "What it Will Take" to become cash flow positive.
My guess is that there will be a decline in new funds to MJ companies until clear success measures and regulatory environments are fully in place.