If you have been holding and thinking of selling...don't...If you have been holding and thinking of selling...don't...just don't. If it is really stressing you out to see the price rising like that, just calculate your initial investment, sell for that much. That way the only money you have left invested is your profit...worse case you loose nothing! Best case this is your pension plan.
I have seen many speculation on this board trying to explain what is happening... I have one more theory: awareness.
My awareness came when Trudeau got voted in...I jumped in but not the first day.
Now with the vote in california etc... a lot more people, normal, regular people, are aware that CGC (and others) well...exist.
Cannabis is different than any other stock on the market because people are emotionaly attach to it. Some are down right activist about it.
When googling, you will notice that CGC comes up as the No1 stock in the cannabis sector at the moment...so he went up first....but now we are seeing his smaller brothers going up too..hmmm interesting.
There is two major school of toughts in the stock market: Either you are thinking long term (in wich case CGC is majorly undervalued) or you are thinking short term (It's going to go up then pullback I don't care what it does, I'll make money on the way up AND on the way down)
There is nothing wrong with either position, you just have to decide where YOU belong.