Post by
atchouk on Mar 28, 2024 3:48pm
Possible uptrend after Monday financials
Many decent cannabis companies significantly went up recently atter hitting bottoms. DN was somewhat behind the herd, but I believe it had hit its bottom at 0.25 and now an uptrend is very likely. With good financials on Monday, it will probably continue its mid-term uptrend while people will continue buying hoping for further growing.
Comment by
gnote1 on Mar 29, 2024 5:48pm
Yes Sir! Germanys legalization on April 1st government of Canada budget on April 16th., change to cannabis excise tax will help all Cannabis companies.
Comment by
muslix1 on Mar 29, 2024 6:49pm
Manitoba cut taxe but Canada i am not sure... let see 16 april...i hope you're right
Comment by
gnote1 on Mar 29, 2024 6:52pm
Cross our fingers! Canada’s House of Commons Standing Committee on Finance has recommended a change in how cannabis is taxed. This major change would see the current rate of $1 per gram, or 10% of a producer’s selling price (whichever is higher), be limited to 10% ‘ad valorem’, a percentage of the wholesale selling price of the cannabis product.