Auxly Cannabis CBWTF Stock Forecast & Analysis For cannabis stocks and how to invest in stock market
Auxly Cannabis CBWTF Stock Forecast & Analysis For cannabis stocks and how to invest in stock market
Auxly Cannabis CBWTF stock is a major player in the Canadian Cannabis industry. Cannabis stocks have taken a harsh blow to the downside but, all cannabis stocks may likely move higher because of cannabis federal legalization. Because of that, CBWTF stock is very likely to move higher. The question is if this is a cannabis stock to buy now. Auxly Cannabis will have a tough time moving forward since they are continually having to go to the bank and borrow money. This is driving liabilities higher for Auxly Cannabis and, because of that this is draining the future of Auxly Cannabis. CBWTF stock is going to take a hit because of this. As total equity continues to move lower and lower the effect will be to see this price of CBWTF stock to move lower and lower. At the same time, Canadian cannabis companies are getting ultra-competitive with price and Auxly Cannabis is having to lower its price in response to the moves lower and lower. For a cannabis stock investor, you should be thinking in terms of very long term, such as 10 years. This process is going to take this much time as many of these stocks move within a lot of M&A activity and cannabis companies become more profitable by strategic partnerships and other avenues. Look for cannabis stocks to all soar as cannabis federal legalization occurs in the United States and cannabis stocks such as CBWTF stock move upward at the same time. This means that this will be an excellent time to get out of Auxly Cannabis CBWTF stock for good and look for a more improved cannabis stock to get into.
Kick Up Your Game with the Principles of Value Investing Video Courses: https://bit.ly/PrinciplesOfValueInvestingCourse
Subscribe To FREE Email Cannabis Newsletter: http://bit.ly/SubscribeToEmailNewsletter
Visit The Site: https://bit.ly/CannabisInvestingNewsletter
Join the cannabis stock Forum: https://bit.ly/CommunityDiscussionForum
Would love to hear what you have to say about Q2 2022 earnings.
You’re chasing Auxly? Wow. More debt then any other company in this space, it will take 20 years to be profitable. WTFU !
How about a video on the tier 1’s and the state of market.
Like what you have too say !
Canadian MJ Stocks are so down! It hurts looking at portfolios. MJ needs a break. Many thought it will make people money. Need magic !
It takes patience and buy wisely. You will do well in long run and be rich.