RE:RE:RE:RE:RE:Ontario has halted Canntrust sales in provinceMisterGRP wrote: yes it is tough to take and to understand sometimes. I think the sector is tarnished by over spending and not making money. Then came the TRST issues which tarnised it further. Although OGI is an awsome company, I think because of the issues with the sector, even the news that OGI will not sell as much product as expected certainly does not help us either.
It is just not a good time for news like that or any negative company news at all.
But ... things will turn around, lets just hope the bottom line numbers for the quarter are positive !
Yep...you got it right my friend...tough to take is right! The markets are tough to try and figure out at the best of times, but lately, even more so. OGI has been chugging along doing their expansion, ramping up for edibles...all of which are positive things, but it perplexes me that with all the positive news announcements the company has released since moving to the NASDAQ, none of them have had any impact at all in the share price...so it's not for lack of trying. Almost everything one reads is that OGI is the go to stock in Canadian lp's ..and I certainly concur with that..but spite of Greg and his team's best efforts investors are not flocking to this stock as one might think ..and I am stumped to figure out why when you look at what OGI has accomplished to date vs. It's peers. It seems to be a jungle out there now, and with ANY negative press about any company we get punished...and I'm guessing if the quarterly results coming up are even a hair below expectations, we will pay the price once again...not sure what investors really want anymore, except that they would love to become rich overnight , but this is a whole new industry that is trying to find its way and build up and branch out...but you were correct by saying the sector is somewhat tarnished by over spending and lack of profits...But, then again, we have OGI who have been very methodical in their approach and innovation, and very prudent with their expenditures...but they still get lumped in the same pot most of the time..big money controls the markets...the old saying..the rich get richer, and that is pretty much the truth. Average good intentioned investors are manipulated Willy Nilly by the market makers working for the fat cats....just the way it is...do your investing diligence as the mj sector is not for the faint of heart...and don't invest more than you can afford to lose..glta