RE:The market is reacting to the short supply situationPart of the reason. Also investors obvs want to buy the best of the best, and we don't know who it will be yet, it's too early to tell, I don't care if ACB is 15 companies in 1 or how great people think these companies are, no one knows how well these companies will perform once everything is running smooth. And remember, good news doesn't mean a stock rally. Good earnings, good news etc can be met with a sell-off, or bad news, bad earnings can be met with a rally.
Vclass45 wrote: The recreational cannabis rollout was delayed by 17weeks. Yet not one of the major suppliers were prepared. Ontario does not have a single retail store. Add the bullsh!t rolling strike by Canada is aiding and abetting negative sentiment. And if there is a flash of a camera there you will certainly find Cam.
This is short term. Prices should not be at this level and it is giving new investors an opportunity to enter this explosive sector.