RE:Bottom is in.If the bottom isn't in, well it is sure darn close to it!
The share price means nothing when we are looking at where the bottom lies for a whole herd of Canadian bud producers. Have a look at the Market Caps of many small to intermediate producers and there is still a whole lot of pain in store for many who still have Market Caps in the $1/2 Billion area.
I was reading an interesting article this morning where an analyst stated that the whole Canadian pot market could be supplied by the three largest producers.
Tinley will be negatively affected by the shorters whose algos are in place for every Company in the MJ sector, but shortly our little gem in California, whose claim to fame is premium infused adult beverages will decouple from the Canadian pot freefall.
By the way, our Market Cap is barely $60 Million! This figure should be our gross revenue for 4 months of supply starting early next year!
Huge blue sky for us!