RE:RE:Need a reversal of this downtrend the YTD downtrend is across MOST cannibas stocks. A few bad earnings in the industry havent helped at all and if we dont get some major news coming out soon, the trend will most likely continue.
Long term -6M, 1Y, 2Y this is still a massively undervalued company at this point in time. if they have access to sell into the states at the end of this year, which it sounds like will happen, it makes it even more valuable in teh long run.
quinlash wrote: I do agree, the company does need to instill more confidence in the wider market to shore up and increase the Shareprice however you do need to realize that what they are doing (multi-multi-million) dollar deals takes time. I am sure the fortune 200 CPG deal did not take days or months to get signed off. Once they are able to release more details on that then I am sure they will but that will be done on the Company's schedule, not ours.
Q
Mukulu20 wrote: This stock has been on sustained downtrend. There needs to be an effort by the company to instill confidence in shareholders before the negativity further depresses the share price. Going forward the company's prospect looks strong when legalisation legalisation eventually passed in US.