The pessimist in me says that MMJ are losing their first mover advantage as several licences have been granted by Health Canada in the last few months. Also, another company has emerged in the last few days selling cannabidiol to the Canadian market, albeit not in pill form.
The optimist in me looks at the trading today and sees a seemingly deliberate attempt to depress and contain the SP. This was followed by enormous buy volume in the last few minutes of trade. Maybe good news in imminent...
The Big Dip, page-7
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