Will be interesting to watch the market today in Australia. Aussie Cannabis stocks benefitted from the lift in the Canadian and US Cannabis Index yesterday.
Canada and the US have now closed and had a strong day of trading with the Cannabis Index closing up 12.9%. I hope that this will brush off for the Cannabis sector here again today.
The Aussie Cannabis Index is showing that it is presently more confident and tracking higher than the AORD closing up yesterday.
Trusting that CGB will continue with a positive Northwards momentum.
I would like to see the management taking advantage of market conditions and release a confident, corporate-worded announcement to support the confidence in buying that is returning to the sector.
Trusting that stabilisation in the price continues and some good returns follow today.
Cheers....59
CGB Price at posting:
1.2¢ Sentiment: None Disclosure: Held