Cannabis stocks were pumped heavily in the past. I got in in very early stages but sold out. Should have kept during the pump as I would made up to 5x or more my initial investment.
Now 99% of cannabis stocks will be gone in the next 12-24 months or they are worth much less than now. Have to keep raising money to run their operations.
asx is such a casino for retail investors.
Maybe some genius come up with the idea cannabis will help to solve / prevent coronavirus infections.
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