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Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.


TSX:ZENA - Post by User

Comment by Godfatheron May 07, 2019 1:48pm
61 Views
Post# 29720704

RE:I think this is going to keep going down

RE:I think this is going to keep going down
iPhilanthropic wrote: Not certain this stock is going up anytime soon. Bad news, if any, and management doing PP for less than CMV.

I think it’s going to go as low as $0.95 cents

Just my opinion tho
eom


Agreed, just looking at the chart, and the stock doesn't appear to be able to break above the 20DMA. Also the MACD appears to be rolling over and heading down, which would indicate further selling pressure.

If the recent low at 1.62 breaks, this could go down a lot farther.
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