I have no doubt the markets have probably been harsh on this stock with it being a micro-cap cannabis company. A rising tide lifts all boats, and as a result poor stocks will do well in a bull market, and get hammered in a bear market. Growth stocks will collapse in the initial market crash, and then the strong will recover while the weak continue to perform poorly.
I'm just not a fan of cannabis companies anymore, and Flowr is part of what I feel is definitely the weak stock portion.
Flowr still isn't posting a profit, only 7% year over year revenue growth, negative working capital and $63 million in debt.
I just don't see the light at the end of the tunnel for them.