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re: Should we front run MSOS?

Posted on 1/4/24 at 4:22 pm to
Posted by whodatigahbait
Uptown
Member since Oct 2007
1757 posts
Posted on 1/4/24 at 4:22 pm to
quote:

What holes do you see in this logic and/or trade?


I don't see 10x-20x.

The $50 high was never based in fundamentals, so you can't really use that as PT to get back to.

A lot depends on what "legalization" looks like.

Does it fix 280E?

Does it allwo for inter-state commerce.

The Cannabis companies have lots of financial/operational issues to get past until they are profitable. And until then it will be hard for it to be truly investable.
This post was edited on 1/4/24 at 4:25 pm
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