RE:RE:Advice for InvestorsI am still here from the days of LHS and I voiced my opinion about the purchase which I thought was a little low and really did not want this to go through until LHS bettered its balance sheet and opened more stores in the Florida area and later look at selling if that is what they wanted.
After all of this down period in the cannabis sector, I don't see the prices ramping up to the highs some of analysts are telling us. Like north of $45.
I do believe there is going to be more consolidation in this sector and if prices do rise then they had better show not only sales but a good profit from those sales and low liabilities.
I think this downturn in the economy will take a bite out of ayr and others but the expectations from those analysts in the beginning of the Cannabis Hoopla, in MHO, were overblown and full of hysteria, a money grab for some, I mean those in the know, insiders and top guys playing with figures, of which there are many.
I can only hope that when the prices do get better I can sell off and hopefully not lose much.
Good luck TheProphetElijah