Post by
Adventurous on Jul 13, 2022 9:57am
100% Stock Price Increase in Less Than A Month
We are still much lower than we should. That's around 25-30 cents a share. But a 100% stock price increase in less than a month is good to take (see June 27 posts on the value of "potential").
Not many sellers today, while a 250,000 shares bid is sitting at 9.5 cents. To me, it indicates further potential, currently undermined by bad numbers on inflation and a coming raise of interest rates. We could be pausing at this level pending future news. There's a long list of catalysts beyond yesterday news (see June 17 post).
Comment by
LastoftheFranks on Jul 13, 2022 12:19pm
Canada cannabis sales $ by format in Q2 2022: (Compared to Q1) Flower = ~70% market share Flower—41% (-%) Pre-rolls—29% (+27%) Concentrates/Distillate = ~30% Vapes—14% (+4%) Edibles—6% (+9%) Concentrates 4% (+2%) Oils—3% (+2%) Beverages—2% (+18%) Topicals—0.4% (+3%) Source: Cantor via Hifyre https://twitter.com/matt_lamers/status/1547250110215733249