Guys, exactly, give it a rest.
Take a look at what happened in October to the Cannabis market in Canada
Take a look at what happened in October to Cannabis stocks in Australia
Take a look at the ASX for the last 3 weeks.
All taking a hammering whilst the blood gets washed away.
The MC market is now in a state of re-dress and it will take time to move forwards. I for one are now running at a huge Loss. Am I going to quit.. NO. I intend to hold tight as I am sure there are positive results that will be coming out of Canada and Cannaglobal soon.. despite what you are all reading into this.
If you look at the original plan of a $12.5M stake in CG the 10%, is we assume the valuation is correct represents and improvement in the final deal.. despite what we might think.
I for one believe the company has now stood back and realised they made some errors.. They are moving to fix this and stabilise the business with CG and move forwards.
Let us try and read some positives despite the inflammatory remarks..
Despite the fact the CG will remain private we should feel some comfort that they are leaders in retail sales. We just hope that they can market the MXC product well and the business will flourish.
As usual... please DYOR...
My opinions are just that...as a modest SH..
Stay strong... Be positive...
the Zig..
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