There's actually a lot to be excited about in that announcement...

There's actually a lot to be excited about in that announcement when you understand the Ross Smith half of it. Why would everyone assume JHL will still be the same company it was from hereon in?

Anyway, at the very least there will be opportunities for trading now rather than simply investing. Volume has obviously returned and JHL has entered the cannabis industry. Not hard to see why JHL Directors have been accumulating on a massive scale last few months (which paid off handsomely yesterday), and now you have a tightly held company with a new focus and very few sellers, plus one heavily backed Ross Smith. Sit back and watch the show over the next 6-12 months.