We should also note that there is a tailwind brewing here for a major sector rally with the recent news re TGA and Cannabis legalisation re OTC. But the key takeout is the acceptance of CBD as a legitimate medicine (no news to anyone really - just a matter of the bureaucracy catching up). Given that, the gates are open for distributing our IP protected compound medicines upon clinical trial success.
The options and sellers are drying up and I have a feeling there will be some very sorry investors/traders soon who have been forced or arbitraged their way into lesser holdings. The TA is looking good here with one of the best closes yesterday.
I think the window of opportunity to buy cheap stock given the options exersize anomaly is closing rapidly.....
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