These fluctuations of sharepriceare moneymakers for big money, stock manipulators, funds, bankers and brokers who motivate the sheeples to the degree that it triggers the algorithms that they have downloaded to respond to degrees of price fluctuation without thought.
I already have enough Canopy and Acreage and have been searching for less manipulated penny stocks, maybe cannabis purposed like grow lights, fertilizer companies and my favourite Cannabix thc breathalyzer that shares some decent price fluctuations but could be a dark horse 100 bagger in my imagination.
The markets are swimming in pot stocks and there is a huge attrition coming for most of them because there are too many players and too much supply.
Those pot companies that are chasing pharma use are firing up since the US finally got to fixing the rules such that it is now a real endeavour and there could be more Charlottes Web type success stories.
The rec market is well satisfied with products and supply but there is so much potential for pharma use that already has a following from consumers, cannabinists and their patients although more proof of testing is needed and it has only been a year or so since the US got onboard to develop pharma use.
I had high hopes for cannabinoid infused beverages when soft alcohol beer guys went to school on, made a bunch of noise, figured out that cannabis and hemp beverage skus were going to eat their lunch and then went quiet.
Tilray, it seems is copying the business profile of Constellation/Canopy by picking up US beer companies to show revenue. I think they are positioning themselves for rapid set up with new vice beverages for the US marketplace by having bottling capability laying in waiting for the laws to catch up.
Constellation/Canopy, I'm guessing, originally jumped on Canopy for their beverage sku brands and recipes to complement their beer and soft alcohol offerings when they get the right legislation to pave the way in the US.
Canopy needs to deliver on the Acreage deal, Constellation needs to pull off the CUSA deal and all of the good proposals and bills put forth by politicians in regards to pot legalization need to be crunched in to one good pro-pot bill with scrutiny from invested lobbyists to get what they need because the US government is reluctant.
glta and dyodd