RE:RE:RE:RE:Keep an eye on executive exercising OptionsIf the only Canadians using pot in a legal market are the same pot users as today, then WEED is way over priced. The future of WEED is based on growing the current market by 10x ++today's volume.
Then when you add in Americans who come for a pot vacation, then they have to re-enter the US and do you think they will just walk through? You are not facing the reality that could unfold unless Trudeau negotiates a deal with Trump. Just keep this in mind, there are a lot bigger fish to fry from a trade and border access that affects the existing 20% of Canada's GDP in cross border trade. Not even Trudeau guarantees WEED etc. will not be knocked about until this matter with the US is settled. MJ stocks currently amount to peanuts in the grand scheme of the Canadian economy. There is still a high risk investment, no guarantees yet. And I can see some CGC executives cashing in some options to take some risk off and de-leverage their current holdings. Excersing options is an indicator that stock price may be at or near a near term peak and until the government actually gets a bill tabled, passed and regulations are written, delays to implement could be a year away or more. Keep your antenna up folks, nothing is certain here.