RE:Wow, I haven’t posted in awhile what direction is the elevator going? It's a dead sector right now. Maybe forever. I think if Cgc can not be a raging disaster on the next Q, and safe can get passed in the fall, then maybe they can elevator up with a usa triggering'. I still own some Cgc, but wow, what a mess. The problem is your comparison is there's only one Amazon and shop. How many LP's? Looks at highly profitable Gtii and Trul- no one cares. Mostly because they're on the garbage exchange . Canopy's value is in the USA, where the cant get too...yet. And throw in a global bear market. Not good. Klein selling shares at $6, also not good. Only OGI realized the high quality and quality control are necessary for repeat business. Sadly, years ago there was discussion here. It's either a mindless pumper saying 'just a matter of time' as the stock is down 40% in a month, or the paid basher. RIP stockhouse, you're toxic.
I do like your post. It is possible for a reversal. Only massive inflows will make the shorts start to cover. And that needs a big catalyst. This will likely take a very long time. But a Safe act will get the ball rolling
Iminlong wrote: Things are really polarized on this board. Don't think many of you are as old as me (60) but I will say this, the Canopy elevator is not out of service and it's not going to be out of service. Don't know how many of you rode the Amazon or SHOP elevator or where you got off or on with those companies. This industry is too young to start panicking about. Learn, take some profits if you want. Or, in the case of CGC, know that you the elevator will head back up. It will. Make your choice when that happens.