Should thank your lucky stars that you arent holding CAN, EPN, AGH, ZLD, RGI, CGB, AC8, ZLD, hard to find a cannabis stock on the ASX not trading at all time lows right now.
CAN trading at all time lows, in debt to probably $50 million at this point (36 mill last quarterly). Thats blown over $150 million on an indoor grow room, designed by Aurora (Canadian company that designed and supplied equpment and expertise for CANs facility ) this same company spent $260 million on this facility in Canada, and sold it for around $10 million.
Imagine that , a "state of the art greenhouse" selling at a 96% loss. Seems like would be better to be invested in cheap outdoor grows that are self sustaining rather than a company thats in debt and has a grow room thats going to be hugely energy intensive and labour intensive (140 staff according to CAN.) Could go into all the other stocks, like AGH who has a holder with 20 million thats starting to sell when there is only 600k on the bid in total. Etc, etc, is a tough time for cannabis stocks.
In my opinion ECS is the best bet in the cannabis space on ASX by a long shot.
