Stocks go up and down
You guys are all going nuts over a drop in price. Who cares either you believe or you dont. No sense crying about it.
But lets be honest here a company with 60 million in sales and losing 56 million a year should never have reached 30 dollars per share. CGC has a price to sales at 105 which is just riDONKulous.
Most Canadians will not buy LP weed it is to expensive and not very good. But Canada will have 10 MILLION pot smokers coming to Canadas because it has alot to offer and you can legally smoke weed. So tourists will be be spending hundreds of million of dollars on WEED.
Look how busy Amsterdam was in the ninities and that place is a SH!THOLE !!! Vancouver , Nelson, Victoria all kick AZZ over Amsterdam.
Give CGC a year after rec and you will all be fine im sure. Right now the share price has priced in REC and CGC has no recd sales yet. I assume CGC will go from 60 million in sales to 300 000 million in sales in less than a year. And in two years from there they will have 500 00 million in sales.
In the mean time come over to Patriot one technologies we need some love over their .