RE:RE:RE:RE:RE:RE:RE:RE:RE:Response...?I've been long on this stock for 1 year now (since it was 0.80 cents) and days like today make me angry as f ....... big stocks like canopy and cronos jump up 10% .... thc goes down .... then tomorrow big stocks will pull back a bit down 5% .... and thc goes down 15%
Its sad because they got all the ressources and probably the best packaging and highest quality product (organically grown) at a low price. Consumer trends are moving towards healthy options so organically grown marijuana will become the standard eventually.
As for THC Kiss, I really have no clue what is the purpose of that news because nowhere on their website is it mentionned that its part of their plan to become in leader in the medical marijuana industry. Either they will update their website to be more in line with their positioning and goals with the current cannabis legalisation stage, or they waiting for a joint venture with some beverage company. But it will definitly not a be a giant like Coke or Diageo. I'm thinking more in lines of maybe with a coffee retailer.
What's your price target on Oct 17 rambo ?