We had a promising opportunity to secure a monopoly on S3, which could have resulted in an estimated annual profit of around $10 million. These numbers were based on the yearly presentation and commentary provided by Fresh Leaf Analytics' latest report. However, the unfortunate news of a failed trial changed the situation. I must acknowledge that @amb005 had valid concerns regarding the poor management and high debt the company possessed.
Considering the oversupplied global cannabis industry, if the market fails to sell CAN's indoor high-quality bud, I hate to sound pessimistic, but I am quite confident that the company will either go bankrupt or be acquired for a fraction of its current value. Of course, there is always a wild card possibility where New Zealand, Germany, or the US miraculously pass a bill to federally legalize cannabis. In that case, things could take a different turn
Good luck to everyone involved, and I extend my respect to AMB. Despite our heated debates and discussions in the past, I mean no disrespect. All the best with ECS, and I will be closely monitoring its progress. Who knows, if a lucrative opportunity presents itself, I might consider reentering the cannabis sector.
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Mkt cap ! $9.118M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.3¢ | $6.333K | 461.6K |
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No. | Vol. | Price($) |
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15 | 3146102 | 1.3¢ |
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Price($) | Vol. | No. |
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1.4¢ | 505443 | 3 |
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No. | Vol. | Price($) |
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15 | 3146102 | 0.013 |
13 | 1686922 | 0.012 |
9 | 1069350 | 0.011 |
16 | 3226117 | 0.010 |
7 | 579832 | 0.009 |
Price($) | Vol. | No. |
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0.014 | 505443 | 3 |
0.015 | 407848 | 4 |
0.016 | 2717471 | 12 |
0.017 | 115541 | 6 |
0.018 | 1152375 | 4 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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