Chris, I know you crunch numbers and data.
1. Can you see the potential signs of opportunists and profit takers taking opportunities here in this chart just after relisting, which may have further influenced the 'knife drop' with the price?
View attachment 47162892. Did the falling Aussie and Global Cannabis index also influence decisions to sell out at that time, perhaps?
View attachment 4716301I think these are reasonable questions to ask and ponder for any shareholder who has been invested in the Cannabis sector over the past 4 years.
IMO, the data is very clear, which to me, indicates that the vast majority of stocks in the Cannabis sector were falling sharply in value at the time of the CGB relisting. It also supports what we continue to read in the media regarding an unreluctant and very conservative government continuing to delay legislation, as seen recently, that could help many patients who suffer chronic illnesses from getting access to medicinal Cannabis.