RE:RE:CPG Partner to be announced at earnings?vulcan123456789 wrote:
should give us a nice bump a start the reversal.... should?. bigger pkayers are playing retail.. it wont run until they are ready and have taken everything they can from retail..... massive selling stops then we run... there will be no reason not to push it up.. jmho cheers .
Post by Jimmy, so call him a basher. :p
Think about it, inflow dowm to $73 millions from $2.5 billions. There is a reason. Investors facing reality is the cause. The marge, % of profit won't be big with too many companies when they will actually making money.
The newswire reported that publicly-traded cannabis stocks rallied in the early part of the year following investor optimism amid high hopes of federal legalization while also getting a boost from the meme-stock mania that benefitted companies like Tilray and Sundial. Nowadays, cannabis stocks have pulled back due to waning interest with retail investor inflows down to US$73 million in the week of Aug. 16 from US$2.5 billion back in February. As Bloomberg notes, the changing fortunes of cannabis also shows how quickly a cult-like sector can go from hot to cold and back again.