RE:Sector Consolidating / Stalling / Pausing Thanks for the info, very informative, I think we mayfall a bit longer but the market is so hard to predict. I still see the share price of so many potstocks way higher than the fundamentals justify and OGI maybe more than most. This reminds me of the speculation pre legalization.
Yes the introduction of BAT is significant but we have now had endless disappointing quarters and there is likely to be another one coming soon and unless there are some big changes there may be at least one more after that.
They need to cone up with a better plan, yes they have introduced sone new good selling products but they do not seem to produce enough to stock the shelves and some have never made it to BC yet. The point in business of having a sale product is to significantly increase sales because profit margins drop, but I am not convinced that OGI has been able to do that.
I am waiting for another entry point but am not in a hurry, if they have another disappointing quarter we may see another correction, but maybe they will surprise us finally.
at any rate, best of fortune to all