1Año·

Opinion for $HIGH (+0,51 %)

Hello dear community, I would be interested in what you think about Cantourage Group. The German start up makes cannabis and has been on the stock market for a few weeks. The stock is also now trading at scalable capital.

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The best is the tick name 😂
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Is a hype. Except for the fact that growing the plants is currently still illegal and therefore the speculators' profit expectations are much too high, it is a normal business for any tobacco company. This will then be incorporated as a new business segment. I see absolutely no need for start-ups. What are they supposed to do better in breeding, harvesting or marketing than established tobacco companies?
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Distance.
The German market for cannabis would be negligible internationally and if there were to be large waves of legalization globally, I would rather bet on BAT, PMI and the like than on a small start-up.

But in general, I don't think much of the cannabis market.
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Servus, the hype that has been over for ~2 years. If you have anything left, you can gamble. The risk would be too high for me. They're sprouting up like mushrooms😉
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