Because if you go by history, most of thebig movements with cannabis stocks on the asx is when the big money flows into the sector (meaning all cannabis stocks) is when overseas cannabis ETFs do well, so when the sector is hot overseas australia follows.
There is going to be a huge catalyst for overseas cannabis stocks when the senate passes the MORE act (federal legalistation of cannabis in US - which can pass now as democrats are in charge of senate and support this) sometime in the next 3 years, but hopefully sooner rather than later.
So there will be a pop in all cannabis stocks at that time, with CAN being well known itll be a good pump when it does happen, and Ill be using that pump to sell on a lot of cannabis names on the ASX and just keep the quality ones.
