A break in the drought will certainly help. I know they are under pressure regarding tomatoes. At least blueberry prices are back up from $1.90 to $4.50 a punnet at Woolies. Maybe 1 more soft report in Feb 2020 before the turn around begins. Hedge Funds coming on board has got to be a good sign longer term. At the end of the day fast forward 2 - 3 or 5 years and where do you think this SP will be? ... certainly not $2.60!
CGC Price at posting:
$2.67 Sentiment: Buy Disclosure: Held
