RE:Smart moneyI agree with you, but curious how you know if smart money is picking up shares? What do you look at? Or is this more of a feeling?
Anyway, I'd say smart money has been here also given that 80% (including ourselves) of the company is owned by the company, Aurora or family offices....IMO thats why it doesn't vascillate as often because only 20% or so of the float could ever be actively traded.......as opposed to like FSD Pharma, Tilray, etc. with their massive floats and price swings.
IMO CNNRF is one of the best long term holds in the space....doesn't feel nearly as speculative, but I think share price is down due to the following risk factors:
1) Legalization federally (can't do much here)
2) River closing lingering (I'm not worried about this, Lustig already guided here)
3) Revenues related to #2 (again mark guided this already)
Anyway, thats the fun of investing, the risk premium is where the money is made.