have you even been following the global cannabis space over the past 3 years?
there have been 3 or 4 ASX Cannabis companies go insolvent due to the cannabis market.
about 30 local Australian private cannabis companies go insolvent over the last 3 years
over 200 cannabis companies globally go insolvent over the past 3 years
Global cannabis index is down 99%
Canopy Growth is down 95% even after its consolidation - Canopy is the largest cannabis company in the world.
Aurora Cannabis share price is also down around 98%
Tilray share price also down over 95%
Cronos down 80%
welcome to the volatile world of listed cannabis companies... volatility is not for the faint hearted.
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