Choom Holdings Inc CHOOF

Sorry for the nonsense

[CANNABISCANADA]

on this site, delealing with an IMBECILE at this time on HEXO, here is your Saturday read.......

 

After a disappointing 2021, investors may be wondering whether this is the year cannabis stocks spark back up.

With valuations at multi-year lows for many U.S. and Canadian pot stocks, 2022 could be a buying opportunity for savvy investors willing to take a bet on a potential market that is expected to surpass the US$50 billion mark in 2025, according to industry consultancy New Frontier Data.

Cannabis still carries a significant amount of risk for investors. Rising demand during the COVID-19 pandemic and a boom in the number of licensed stores pushed sales in Canada to about $4.2 billion last year, while Americans snapped up US$25 billion worth of marijuana. Nevertheless, valuations for the companies that produce the stuff took a dramatic tumble.

"Things are looking very, very cheap right now," said Nawan Butt, portfolio manager at Purpose Investments and the manager of the firm's cannabis fund. "The overall risk-off sentiment in the market is causing some of the downside in cannabis right now."

Closer to home, Canopy Growth Corp., backed by U.S. alcohol giant Constellation Brands Inc., saw its stock fall by two-thirds in 2021. Tilray, which leads the Canadian market with a 12 per cent share of sales, trimmed its valuation by nearly one-quarter. Auxly Cannabis Group Inc., another major player that rapidly increased its market share in 2021, lost half its value last year.

Those declines came amid a broad struggle among industry players to become profitable while operating in a hyper-competitive market with nearly 300 producers selling into the recreational space across the country, coupled with a fickle consumer base and an ongoing price war with a still-relevant illicit market.

Craig Wiggins, managing director of The Cannalysts Inc., an independent cannabis research firm, maintains a bearish view of the sector.

"It's uninvestible," he said in an interview. "Until someone shows progress, which I define as an increase in sales greater than how the market is growing, and your gross margin is positive in a sustainable way, and you can cover your [selling, general and administrative expenses], there's no company right now that can meet that very low bar."

To read the rest of this feature, please click here. 

[Keeler]

"Delealing"? and you're calling me an imbecile   Do you feel you have any credibility on this board after pumptarding a .935 cent stock for two years? Do you think investors want to risk their families financial future listening to your 'buy,buy,buy' posts

[CANNABISCANADA]

Man I am not sure what it is going to take to try and make you understand what I am saying to you, Do I have to go out and buy 1000 boxes of crayola crayons and a ton of paper to draw you pictures just to make it easyer for you to understand ? it's not the amount of battles that are won or lost it's all about who wins the war, in this case dealing with you I would have to get to your

[Keeler]

Yawn

[Keeler]

So just to be clear, you're going to blow your brains out with a .357 - because you think that will get rid of me. I have to tell you, I dont feel all that threatened - but you do what you think is best. CANNABISCANADA - (1/8/2022 1:38:07 PM) RE:RE:Sorry for the nonsense Man I am not sure what it is going to take to try and make you understand what I am saying to you, Do I have

[CANNABISCANADA]

Okay, I can't do this anymore, you have just demonstrate to me that you can not read , I would like you to take your time and read my last post one more time, Okay? Pathetic a 30/40 year old man living in his mothers basement (jobless) that has the IQ of a fetuses and I think that statement maybe a stretch, I do ask that you no longer try to engage me in conversation via (post) for every