RE:RE:RE:If 2020 is the year Tinley blasts off...Good companies, executing their business plan, making money (one would argue that in a down market and recessionary scenario, cannabis use actually increases, like alcohol and movie attendance) and so I'm not terribly concerned that macro conditions will impact us.
What is ALWAYS the bigger concern is that cannabis is federally illegal and all it takes is one strong pushback from the feds to cause a 2018 pullback all over again.
Individual, good companies though like Tinley can still thrive in down markets. However that is not the general outlook for 2020, markets look good and economic stimulus in place. Political pressures will mount in 2020 on fundamentals like SAFE Banking.
Planetoflimes wrote: There is always the possibility of Tinley executing all deals but off set by a bear market of the US stock market putting downward pressure on all sectors, Canada and US. In that case, the stock would go nowhere.
MadJack1 wrote: Dare I say it can't be any worse at this point and we only have good things to look forward to in the new year and beyond. i wonder if anybody has details on the electrical components (transformer) that are slowing down our LBF licensing.
Happy Friday!
MJ1