Q: Noticed big increase in price lately. Is it time to sell in RRIF small lost.News said Trump might legalize Cannabis
5i Research Answer:
While the executive order reclassifying marijuana is certainly positive, the sector is likely to stay very volatile and most are still risky. CURA though is one of the better companies in the sector, and also one of the largest. If one is comfortable with the sector, we would be OK letting the positive momentum ride a bit longer, and not sell yet. We would stay cautious on position size here, however.