Sector was overvalued. Not sure what nextleafs TRUE valuation is, as im
not an expert at valuating companies. HOWEVER I think that even if it was fairly valued around the .40 cent mark at the IPO, it got dragged down by marijuana companies that were overvalued by 10-20x lol
no way a company like emerald health should have had a valuation of a billion dollars at one point
the correction was necessary, but it’s unfortunate we got dragged intoo it .