Top Dog Being Tested...One thing about being top dog in sports and business is you get tested constantly. In a sense maybe it's a throwback to tribal times when might made right. We need to know our leaders are the meanest, baddest mothafukkas out there before we feel fully confident in giving them our support (or investment). In this sense CGC is being tested far beyond any of the other LP's in absolutely every metric and from multiple angles, external and internal. There's a reason the Motley Tool has written over a hundred articles plus about CGC in the last 6 months (we at Squishy Capital Ventures counted), 95% of which have a pretty nasty hook. CGC is the hot stock and make the best clickbait, plain and simple. The bottom line is CGC has an amazing story that continues to deepen as time goes on. So how is CGC being tested:
As a stock. No other stock in this sector is challenged as hard and as often by shorts and bears, i don't think anybody would deny this. Absolutely every aspect of CGC's business is being torn apart, scrutinized and criticized on all sides of the investment and trading community, and every level of support is being tested and retested until it moves higher.
As a business. CGC is being challenged in a massive way by the sheer demand for their product. These pressures test and hone absolutely every aspect of the business, from growing, harvesting and quality assurance to customer service, accounting, efficiency and administrative minutiae. On top of all that they have the recent challenges of bringing Mettrum into the fold and instituting all the world class standards they've already established as well as addressing Mettrum's past issues with sincerity and transparency. They're meeting these challenges head on and are building an organization that is already leaps and bounds ahead of the competition.
External events. Who could have seen Spicers comments yesterday coming, and today's kneejerk reaction. And which stock saw the most pressure? The Chart Guys recognized when they began covering the space that CGC is the market leader. It kinda makes me chuckle sometimes when people try and pump other MJ stocks at the expense of CGC. What's good for the goose is good for the gander, in my mind. Where CGC leads, the rest will follow. There may come a time when this changes, but Bruce et al continue to execute more intelligently and audaciously, and aggressively than anybody else, and that's why my money is staying here for the foreseeable future. Have a good weekend hosers...