The sp did sit around 7c or 700% up on last year for parts of this year however a natural retrace has occurred as it has across the sector.
In my opinion a mixture of pump & dump trading ..Global conditions & needing to prove it's ability to generate revenue has influenced the correction in sp.
Medical marijuana stocks across the board have seen corrections in market cap since enjoying the recent rush of investment into the sector, many promising however like QBL needing to prove profitability against valuation.
Do you own research however I believe there are exciting times ahead for what will be CGL in an emerging sector.
Understand the inherent risks like any speculative stock.
Calculate your exposure & understand the long term landscape of this stock & market, short term gains can be had but if this is your tactic be prepared to accept the risks attached .
Cheers.
QBL Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held