I think your right especially with some big industry anns like DEA rescheduling and SAFER banking act passed which are both due in coming months.
Sounds like imports are eating your profits?
https://www.abc.net.au/news/2024-04-09/medicinal-cannabis-imported-not-tested-patient-health-at-risk/103673412
Imports are only increasing and prices are only coming down around the globe. How will this affect ecs profits in future if domestic production costs keep rising?
ECS Price Action, page-2153
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.19M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $17.17K | 953.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3924272 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 200000 | 1 |
View Market Depth
| Last trade - 13.30pm 26/07/2024 (20 minute delay) ? |
| ECS (ASX) Chart |