This guy. . How much are you down on all the pots stocks you jumped on at the height of fomo? Sounds like research might be your after thought, if any exists at all.
Long term game, government hasn’t even given enough legislation to call it legal. TGA hasn’t even granted enough approvals for anything.
The only way you’ll make money short term on pot stocks on the asx is to play the hype.
Otherwise we’re still a few years off. Only one company is generating legal income (not profit) from mc used in Australia at the moment. All other share prices are based on hype too and are enjoying moments in the sun. Have a look, all pot stocks have fallen from their highs, been inflated on hopes and dreams and then come back to reality.
At least these guys are putting a business structure together that will stop them from imploding. These are the guys that are brainstorming, getting together a plan of attack, crossing i’s and dotting t’s. Not just riding on a wave of fomo from some short sited revenue.
AC8 Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held
