Post by
CanadianKia on Jan 18, 2022 8:36am
bottom is in???? what are people talking about
I owned this at a higher price point. Averaged down and eventually sold.
I thought having a big partner would have a big impact on them, but obviously that's going to take time as they have to produce something together to selll. i am suprised at such low prices they havent just bought out the company outright.
Also, The impact to these guys seems to be consistent with everyone else in Canada.
no major changes to laws in the US. No one is reallly profitable (except for Tilray), overalla bad market.
I think this has further to drop as nothign good seems to be on the horizon (Unless the US does somethign soon or the massive expansion of stores in Ontario does something (ive seen too many of those stores up for sale which isnt a good sign))
Comment by
CanadianKia on Jan 18, 2022 12:40pm
Looks like i was right. the bottom is defintily not there. I bought at 1.99 looking to make a few dollars today.