Tough one, but could be a number of things:
- Lockdowns across UK & Other regions of Europe (where Althea has experienced good numbers from prior to the lockdowns.) Seemed to slow down the impressive growth in customer receipts AGH has reported in the past).
- Medical Marijuana industry could have cooled off a little bit, the industry was pretty hot in the second half of last year (US election, TGA downgrading etc.)
Surprised to see the dip go down this far, but a few good announcements should put us back in the right direction. Definitely watching this industry closely.
This is all my opinion only, definitely not financial advice. Do your own research before investing.
$1.48 price target, page-18
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