CGCYou'all are the most tragic dudes ever. Sell first thing tomorrow or you'll lose what's left of your shirts. Buy put options with the proceeds and redeem your losses.
Wake up!
This company makes no money and the next quarter will be worse than the last.
Beverages? Pffft. If that was ever going to be a thing your dealer would have already had them availabe for you 10 years ago. Same with edibles, it's a fringe thing that most people have tried a handful of times and whatever.
10% of the users smoke 90% of the dope, same as it ever was...except now they can grow some of their own.
International markets? If that ever becomes a thing, would any foreign country prefer to buy expensive weed from Canada or from a domestic producer with warehouse space that brings internal tax revenue (maybe) and takes 3-4 months to scale up? Seriously.
I am not a basher. I am realist and I would hate to see you lose your cash. To save yourself, please sell tomorrow and get put options to cover your losses. The good news is there is plenty of dowside potential to recoup your losses. $10-$15 easy before Christmas. If you believe in this industry long term then go ahead and buy back below $5 in the New Year.
Good Luck.
-L
PS I am a highly respected analyst for a major United States financial publication.