All cannabis stocks are down badly across the globe. Some are much worse than others. There is no joy for any one holding cannabis stocks now. Some analysts start to talk about some cannabis stocks being of value now as the share price is back to their IPO time. AusCann probably will go back to its IPO price.
It looks like people are losing hope of a hard capsule coming out this year. Frankly, a hard capsule makes no difference to a gel capsule so I don't see any big deal. It was just a feeble attempt to differentiate with competitors who are miles ahead. Will see if Merchant Fund will sell and get out. If they do, AC8 can go under 15c price where they bought it from Canopy.
AC8 Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held