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Bullboard - Stock Discussion Forum MEDRELEAF CORP T.LEAF

"MedReleaf Corp is engaged in the production and sale of cannabis for medical purposes as regulated by the ACMPR, pursuant to its Licences and, in particular, its Markham Commercial Licence."

TSX:LEAF - Post Discussion

MEDRELEAF CORP > Down 30% in the last week
View:
Post by TheKID1989 on Feb 01, 2018 6:21pm

Down 30% in the last week

Can anyone tell me why leaf has fallen 30% in the last week. After securing a big financing deal at 26.5 a share how has this fallen to the mid 17s?
Comment by Windigo69 on Feb 06, 2018 1:23am
The market is flooded with weed. Aurora has dropped the price to $6 a gram. How the heck these companies going to pedal any of the $15  a gram weed.  This is not scotch.  Not that many conneseurs willing to pony up for overpriced product. As legalization nears these producers have to get the price figured out. I would not be surprised to see $3 a gram for bud and companies would ...more  
Comment by 12Noons on Feb 06, 2018 7:29pm
I see this as a FANTASTIC buying opportunity IMHO.  I cannot see the price remaining below $26.50 for long.  GLTA.
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