OTCQB:EMHTF - Post by User
Comment by
watchmeplzon Apr 17, 2017 2:17pm
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Post# 26128649
RE:RE:RE:RE:Why drop on good news?
RE:RE:RE:RE:Why drop on good news?The reason why all pot stocks are dropping is because the federal gov. is allowing the provincial government dictate how recreational licenses will be distributed, meaning the few LP medicinal players wont be the only players in the recreational space. Combine that with not altering the current personal medicinal licenses means you have the exact same competition in the recreational market, times the 4 plant growers, times the personal production medical licenses, times the new recreational licenses all the provinces are going to put out, which means if you thought revenue was tight now, just wait until recreational rules are released, not sounding so hot now right?
InForTheLongHau wrote: solid post.