RE:RE:RE:RE:Recent Voting ResultsThink back to 2020 when Biden took office and commited to progressing Cannabis Legalization, take a look at the historical prices for Cannabis Stocks in that timeframe (Late 2020 - Early 2021). Everyone and their dog thought Biden would progress things and it is reasonable to suspect the CEOs of the Cannabis companies believed it too. Biden failed to deliver back then and the stocks took a nose-dive (Covid didn't help any either).
If you place yourself in their shoes and were one of MANY who trusted Biden would you have been cutting jobs and production levels at that point? I seriously doubt any of us would have been because our shareholders would have likely been hyped about getting into the US Market, seriously, think about it.
In terms of the numbers, they are all laid out in the reports. Revenue came in above the street estimates so that eventually showed up in the shareprice and the next report is expected by many to do the same, beat the street estimates.
When it comes to investing you can either be patient or not, that is up to you, the longer you are in the markets the more patience you will develop, that comes over time, so does stronger and stronger reports from companies that are in the process of streamlining into an emerging market.