RE:My take on the latest from OGI...I respect opinions, but if you look carefully all of MJ companies are down almost same percentage but down since the MCconnel said they would not legalize recreational MJ, OGI was 1.71 can.
So stop hitting BEENA, I think she's doing a good job in this environment situation.
If Beena really wanted the company to be sold at lowest price, she would not have 4 positive quarters, innovate new products and the latest one is to me it s a punctuation error either by OGI or GOVT. If it was worst then that, believe shorts and Edge Fungs would drive the share price of OGI to under .50
Look at BOMBARDIER what EDGE FUNDS can do from 70.00 now at 56.xx
The Republicans gave the MJ shares to Shorts and Edge Funds on a silver platter when they said they would not pass the bill. Mind you Democrats are to be blamed also for not passing it when they had the majority in both congres and Senate. You snooze you lose.
MJ co. are on the RUBICON LINE, Edge funds and shorts know it. Cause they have been brought down more then the Assets and cash flow of certain co. are worth more then the share value.
I think the Federal gov't should start easing on the excise tax, that would send a temporary message to these Shorts and hopefully in 2 Democrats can take both houses and legalize Federally MJ and also more international avenues open up for MJ.