RE:RE:RE:RE:Looks like my Cannabis Collapse predictions are true Only a handful of Cannabis companies have stabilized over the last few months, notably Cannara Biotech.
Others like FSD Pharma, Aura Health, North Bud (through their own doing as a result of reneging on a written agreement to buy Eureka), and Canopy Grow have experienced meteoric declines.
Let's use FSD Pharma as an example.
Last year, their stock reached a record high of 92 cents a share.
Today, FSD Pharma is now trading at well into their record low level of just seven cents a share, roughly the same value of Sokoman Minerals.
With FSD Pharma continuing to reach record low levels, the concern is that it won't be long until they face delistment.
Personally, I have shares in FSD Pharma, Aura Health, Cannara Biotech, and North Bud.
I sold my FSD Pharma shares recently at a massive loss to cut back on the losses to punish their management for gross incompetence.