CannTrust Holdings Inc CNTTQ

RE:Market

[BIBI123]

Nastysasky wrote: Unfortunately, like mentioned before, the markets are not in a healthy state right now. Trade wars, rising rates, and economies slowing based upon self fulfilling proficies bases upon trade wars and rising rates.

Companys with high valuations will be chopped off at the knees. WEED is the market leader, everyone looks to WEED, WEED is going into the 30's and all other stocks will follow.

Where does that leave TRST...down...but less down I'd suspect.

We'll find a range, the range will move upwards or down depending on market and company fundamentals. Once we find a bottom...aka a lower range and things settle down, these companys will begin to trade on their own individual merits and begin to separate themselvs from the pack for better or worse.

TRST is closer to its bottoming range than most other Canadian cannabis stocks imo

NS

I agree. Cannabis companies are traded as speculative assets and thus they are more prone to the bear markets/ downtrends. I think if USA makes a deal with China we'll be flying or if Trst makes an awesome deal with big company. We need one of the two scenarios, we really do. Farm bill will boost stocks but I think the run won't last very long and again, we need one of the two scenarios really badly.