RE:RE:RE:RE:RE:RE:RE:earnings leakWhat date is the Q1 report? Because if its after January 10th (which I think - not 100% certain) the Georgia run-off date, then OGI will either be above $5.00 USD or below $1.00. The US senate races are everything, do not be fooled! If the Democrats don't win both seats, then the Cdn MJ sector will cannabalize itself - bring companies to the point of bankruptcy and force mergers and acquisitions because there will be an oversupply. If the Democrats win then there won't be enough supply!
In an honest opinion, I think it is unlikely that the Democrats will win both seats because the Republicans received a greater portion of votes among their candidates. That doesn't mean the Democrats won't "rig" it with mail-ins, but nevertheless, Georgia has been a deep-red state for decades. When the Democrats lost the senate race in Maine they really blew it. All this said, you will do yourself a favor if you recognize this medium-term bull market in the MJ space will revert back to a bear (and will do so in a brutal way) if the Demos don't win both seats. OGI will be among the victims of the Cdn MJ cannabalism phase. It won't be a good one to hold, especially because if OGI does manage to get its fundamentals in order, the stock is too retail-oriented to survive a major downtown in the general markets. It will find itself along FIRE in the 0.10 range and be forced to merge, fail, or be acquired.
So in the meantime, play the swings as best you can. Be defensive. Buy rumors, sell news. Enjoy the gambling.