Everyone can ignore announcements and keep playing the bearish card on this stock and many other medicinal marijuana stocks. IMO the index has bottomed out and the accumulation will get heavier over the next 6 months during this bear macro market that now exists.
Future crystal ball batteries are flat however this sector along with Lithium has much more to run when next strong bull market comes. Bottoms are tough to pick and management needs to keep ticking boxes. Medicinal marijuana stocks are slowly but surely becoming main stream with heaps of support from high profile sports people and professionals using.
Cannabis index peaked at 1000. It is now at 139 and way over sold. The tide will start to change and the sector will be re invigorated once again soon.
MY OPINION IS JUST THAT !!!!
CPH Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
