RE:US investorsa comment from an early investor in weed stocks
Weed stocks were the MOMO/FOMO play in 2018-2019
I did very well and most who sold DID VERY WELL
in 2020 and 2021 reality sunk in and valuations mattered
And whomever was left holding shares lost....countless companies now gone
like at least 30....that at one time a lot of people had money in
THEY LOST ALL OF THE REMAINING money
i am currently dealing with 90% down on ENTG and FAF
so no retail investor wants to touch weed stocks
So yes its all America and the hedge funds and traders
Donwaan wrote: It is surprising the degree to which US investors drive the bus here. Only 758,700 shares traded today on all the Cdn exchanges with NASDAQ closed.