Low Volume againLow trading volume again this week so far. Maybe everyone waiting for all those cheap tax loss selling year end shares that Dart says are coming before they put thier bids. less thatn 50,000 shares traded in last two days.
As December arrives next week I think the price will slowly start to rise in anticipation of the New Year and pot stocks get back in favor.Companies with low cost quality production will excel as prices that legal weed is charging will have to come down to compete with the black market prices.
Remember the black maeket not just in BC but all over North America has been in business growing quality weed for a long time. Government will have to ease some restrictions on legal growers to reduce overall operating cost and will have to lower sales prices and possibly tax to create the legal following.
A new industry with lots of shakeout coming but still massive opportunities still to come.
Cheers