Thanks RBC for selling me 11 cent shares We're back to the ridiculously attractive risk/reward proposition we were before and you can now literally buy thousands of shares for a pittance. You can actually get large blocks of shares for hardly any capital at risk and for those that know, you can make this your 'first into battle' trading shares while leaving your core position intact.
Who wants to go into a burning building and be hero when everyone is running out? That's how folks feel about the cannabis sector and at this point for most companies....I completely understand that and for the most part, I wouldn't touch a number of weedstocks at this point. They are toxic and many (especially Canadian companies) have not been well-run.
US legalization or some variation of it (at least SAFE banking) should help US MSO's like ours, but man, Canadian pot-stocks, save for a few are literally drying up weeds, withering with no more funding, poorly run companies, terrible provincial roll-outs and only a handful will survive.
US multi-state operators however that are actually generating money, they have signfiicant upside to them. We are very likely going to be among a very few who have a GROWING business with the 'pick and shovel' approach. We don't need to be singular product that people must all gravitate to.....we can just be the company that distributes ALL over Cali and takes a piece of every sale.
So ask yourself, do you think that this could go up 5 pennies to even just $0.16? I shouldn't need to tell you that this along is a 45% return on an investment at 11 pennies per share. Rather insane for a company who is about to be raking in $25m/ per year and rising.
Revisit the power of this distribution model and most rational folks will agree, this is as close to a no-brainer buy at $0.11 right now:
https://www.youtube.com/watch?v=_aG88S8cOY8