RE:RE:RE:RE:not bashing but WARNING the cannabis market is SO FRAGMENTED it will take years for these companies to consolidate and dominate...
i have been invested since day 1 and not selling
Just speaking TRUTH!
cheers
TheProphetElijah wrote: Chefboy69 wrote: Emblem, Supreme, Emerald Health, MYM, MMJ,
just a few off the top of my head...I have been around since FITX days
so yeah..i know a few things..
if you want i can compile a list for you
TheProphetElijah wrote: Chefboy69 wrote: everyone reading....This sector has lost A LOT of investor money. Basically anyone that bought in early and that did not sell when things crashed. But investors STAY LONG...so yes its about timing but investors believe in the company they bought into..
NOW ALL THAT TRUST, FAITH and BELIEF is GONE...they screwed everyone.
SO NOW its traders/banksters/ and hedge funds playing with this stock....THIS IS WHY YOU HAVE WILD SWINGS...
So when you read comments here do not forget about all the defunct and bankrupt companies and SCA>MS that these sector gave birth too
Cheers and good luck
Every sector has defunct and bankrupt companies. How many can you list in this sector?
The US has 10 times the population and many MJ companies would be profitable over night if the 280e was removed. They should be able to net 10-15% net income based on revenue.
What sector would survive if they were oppressed by the 280e.