With the current macro environment, how likely will weed stocks drop by another 50% ? I’m bearish on the industry and with the TLRY earning coming up + cpi + a lot of European investors forced to drop the stock. How likely would you guys think the stock drops by? Or am I completely wrong and everything is priced in and come cpi the stock will fly?
The hype for the sector as a whole as dropped and I suspect that most smokers r probably buying street weed then to overpay at times like this. What are your guys thoughts?
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