Grass Roots, page-9

Chris, you're right, but these are Penny Stocks, don't forget. How should we really consider Quarterlies for these types of developing/junior companies?

CGB, like most Cannabis stocks, operates at the Casino or TAB end of the market. Highly volatile and no guarantee for return. I know it varies, but I think only about 5% of punters truly make good dollars on Pennies.

If I may throw it out there to you. From my experience and what I have read, this end of the market is the 'ticket of chance' play of the stock market. It should not be treated as a proven up stock until it shows it can turn a profit. So I see Quarterlies as simply progress reports on successes or failures and fwd indicators of share price movt.

Pennies are Transients, IMO.

A Penny is like a lottery ticket compared to your small, mid and large-cap companies that carry full fundamentals. Pennies cannot be compared to these stocks that have made into profitability. Sometimes from what you read on Social media, many investors appear to see these transients as successful companies when in fact, they are just speculative and exploration stocks. They are companies that are either in the making or in the failing. That is also the hard thing here because many M & D investors try and make their fortunes on these low-price stocks, and it is also why serious Insto's stay away, for the same reason.

Pennies, IMO, are good for trading, turning over multiple times, divesting or accumulating for a Long Term position if you feel confident enough with a company. I continue to punt here because the company has shown it can conserve funds, whereas many others are failing. They also carry a product I want to see developed for medical reasons.

I suppose the reality is that the role of any Penny, as I have been observing over the years, is to keep signing deals until they score a winner or, as many do, eventually run out of money and go broke. Pennies, really survive on the generosity, and I suppose in some sense, the gambling habits of their investors.

I received my email notification this morning from CGB to say that the order is confirmed as being packaged, and the tracking number has been assigned and is ready for delivery. Happy with that response so far.

Hope that all makes sense. Just some shared experiences and observations from trading at this end of the market.

Cheers.