Brutal Month for mj
Many mj stocks are currently scraping bottom. Those struggling with or dropping below all time lows include;
EVE.v @ $0.155
TGOD.to @$0.165
HEXO.to @ $2.75
CWEB.to @ $2.72
THC.v @ $0.09
VIVO.v @ $0.11
EMH.c @ $0.15
FLWR.v. @ $0.105
.... the list goes on. Many of the biggest players, even the US based MSOs have taken a big hit in recent trading.
They don't call it 'Fall' for no reason.
The days of burning billions has passed. Expect more consolidation in the coming months and through next year. Some simply won't make it.
Auxly is focussed on a path to profitability with growing revenues and a stable cost structure.
THIS is the test.
Hang in there mates.
cheers