RE:RE:RE:Had to sell my entire position this morningThanks for the kind words. I'm only on the sidelines until this Vape issue plays out. If the media grabs on to it which it looks like they have I can see the whole sector going down. However I will be back in canopy once this Vape issue is dealt with.
catchascatchcan wrote: Homestretch - sorry to see you sit out, but have to respect our decision. It's a dicey time to be in MJ for certain. I'm happily surprised that WEED has bounced so nicely, but I'd be lying if I were confident that it will last and won't re-test $30 in the coming months. Even as a long, my confidence is wavering a bit. What's a bit uplifting is that we've finally seen ourselves out of step with the general MJ market for the past couple of weeks, but as like the others, we're about 50% of where we've been. I have to say that I'm with you on the next Q and the delay in CEO. I'm thinking that they want to get one more out of the way as well in mid Nov, before settling. We were $45 before the last quarter which was so poor, so while I see $40, I don't see us retracing $45 and forgetting about the last set of numbers. The new products will be very splashy I'm sure, but sell-through still has to be proven out which is arguably at least 9 months away until we even get a glimpse. If the safe act is passed, that would be really helpful. If WEED determined that to be the triggering event for Acreage, that would be exceptional! But I think we're waiting on States Rights, which I see as after the next US presidential election. So many unkowns which makes WEED fun to own, but also tough to hold. I might have to join you and lock in some gains before the next Q, but it's not an easy decision! If the next Q is flat again, we're in for it. We can only ask the market to wait for so long. ACB is done in my opinion, and once they raise money we'll be the only game in town. This whole MJ story is still years in the making though, so at least we know who the top is in the CAD space, and that there is time to wait and see if that better suits people. Once it's legal in the US and we have Acreage a hemp online and 2.0 running and ON open for business, WEED will be set up for a nice multi-year run. It won't be at bargain prices like today, but will be less risky. Stay strong friends and I'm sure we'll see you again Homestretch. GLTA