RE:WonderDon't wonder! The bottom is zero! I have several pot stocks to prove it and a couple more in waiting.
Too much pot and too many players and government has a stigma about taking this to where voters want.
I theorize that 95% of these listings are going to disappear and only those that can keep themselves financed until the prices go up and the companies can become profitable.
There's billions of dollars of potential but I believe that the LPs and MSOs are in for the longhaul and are the ones most likely to attract investment dollars because they have some Big brothers in the wings with pockets full of cash, waiting for a clearer signal from government.
Canada set the bar for safe, inspected and traceable pot products but dropped the ball with some very misguided protectionist measures.
The US has done better with their MSOs but still have Federal legislation hanging over it that is very severe if acted on and all of the States are divided on pot and it's products crossing State lines.
It would be so easy to write a Federal bill that makes it legal and universal such that each State can trade with each other which is also good for consistency of product and eliminates duplication of all the different levels of the pot biz.
Look left, right, front and back because those companies are going to disappear until there are only the right amount left to split the pie.
Canadian companies have been hit so hard but US potpreneurs have been hit too but at least some have been able to eak out black ink.
A US bill conducive to decriminalization, Federal legalization or fairness on par with the alcohol biz could launch the US greenrush which will make Canada's look like childplay or US politicians can squander away that money making support by just letting it happen one State at a time.