in March 2019...
APHA dropped below $3.
TLRY was also trading in the same range...
WEED/CGC was trading as low as $12.,,,
Retailers have short memories and don't seem to know anything about financials, reading a candlestick chart.
ALL pot stocks are speculative buys at this time.
Three years have passed since pot was legalized in Canada.
Not much has changed....
Esrnings are a huge disappointment.
After a wacko jacko February, when WEEd hit $70 a share, and APHA topped out at $40...
We have ourselves the possibility of a fire sale.
Just watch. Lets see how TLRY/TSX trades six months from now.
Once again, bullish sentiment has been replaced by the bears..
One finally point...Weed closed at a low of $29 or so. According to Questrade, earnings for WEED are in late May.
If esrnings disappoint, you are going to see another sell off of all pot stocks.
I can easily see WEED back down to $20 by year's end.
My advice to everyone: Be very careful buying more shares of TLRY/USA at this time.