GREY:FFLWF - Post by User
Comment by
Rotalucepson Sep 23, 2021 6:44pm
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Post# 33911991
RE:Not Even Couche-Tard
RE:Not Even Couche-TardThoughtsOnThis wrote: Despite the deep pockets of Couche-Tard and the sound financial footing that FAF has as a result, FAF is going the way of the cannabis industry. Any "winner" will be long (years and years of dead money) in the making. I cannot justify any further averaging down. I've sold my FAF position. No more cannabis stocks. Good luck to all long term holders...
The fact that their revenue was down from the previous quarter shows that the competition is stiff. There are too many companies for the Canadian market. Hexo Tilray and CGC revenues were down. CGC got revenues down for the three last quarters. Hexo down 30%. It is an indication affecting the whole industries.