RE:Maybe Simon should just give upBased on the stock's fundamentals and the positive trends in the company's net revenue, the paying down of debt and advancements in the EPS number I would venture to say that the CEO is progressing the company well. The recent weakness in SP showed up when Trump took office.
Trump appointed pro-cannabus RFK Jr as head of the FDA which ironically could expedite cannabis legalization in the US at a much faster rate than if the Dems had won.
IMHO the US wants to see legal weed (based on state level progress) and that it will benefit the lives of many as an alternative to illicit drugs and for the medical benefits.
The sector currently is driven by emotion vs logic + stock fundamentals. Personally I plan to hold and continue to await US legalization when large institutional investors will finally be green lite to invest in these companies and lift the SP back up to reasonable multiples.
Q
- Long on TLRY