RE:What's your strategy?For me I wouldn't consider any non-revenue producing company an investment. If one wanted to speculate I'd say grab a basket of stocks (one edibles/drinks, one recreational hardware/pipes/glassware etc. and a producer).
Simply put, Im here to flip this thing into lots of cash on November 11.
500,000 @ $0.10
After the vote (if it's successful! Remember, Cali has already voted NO once before) I expect to see the MJ sector have a major decline as people pause to evaluate REAL investment metrics like cash on hand, future growth trajectories and revenue.
I am sure that as the industry matures and clear leaders emerge I will buy into a MJ stock with good long term contracts, recurring revenue, growing production and little debt but for now this is just easy money riding the momentum trade.