Summary of the article: A big tax problem made cannabis stocks go down a lot. Some companies have more trouble paying the taxes than others, so their stock prices went down more. People who invest in these companies need to be careful and look at how much money they owe. The article is about helping people understand the cannabis market better. Read from source...
- The author is vague about what exactly are the two adverse events that affected the cannabis stock market. One of them seems to be Biden's performance in the debate, but the other one is not explained at all. This creates confusion and uncertainty for the reader, who might question the credibility of the rest of the article.
- The author uses a chart that compares different cannabis companies based on their excess tax liabilities, which are allegedly influenced by the IRS's recent filing. However, the chart does not provide any clear or consistent criteria for measuring these excess taxes, nor does it explain how they affect the stock prices. The reader might suspect that the author is trying to manipulate the data or oversimplify a complex issue.
- The author concludes by warning investors to be vigilant and analyze the balance sheets of cannabis companies, implying that there are hidden risks and liabilities in the industry that could harm their investments. However, this is not backed up by any evidence or analysis, and it might seem like a self-serving recommendation from someone who sells information services to the cannabis market.