🔥 Cannabis Stock Jumps 12% in One Day: The Math Says Be Careful.
A cannabis stock surged 12% in a single day, but the underlying math says be careful.
First-quarter revenue rose 23% to US$257.1 million.
However, cannabis revenue specifically fell to US$56.1 million. Free cash flow came in negative at US$27.4 million, raising questions about the sustainability of the price spike. Would you buy the rally or wait for positive free cash flow before entering?
❓ What's your take — is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption
A cannabis stock surged 12% in a single day, but the underlying math says be careful.
First-quarter revenue rose 23% to US$257.1 million.
However, cannabis revenue specifically fell to US$56.1 million. Free cash flow came in negative at US$27.4 million, raising questions about the sustainability of the price spike. Would you buy the rally or wait for positive free cash flow before entering?
❓ What's your take — is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption