FSDDF - FSD Pharma: A Rollup With Scattered Uneconomical Cannabis Investments 50-70% Downside
FSD Pharma Inc. (OTC:FSDDF, CSE:HUGE) (or “FSD” for short) has made a "HUGE" stock run over the last six months, with a 400%+ stock price increase during the peak of the cannabis craze. The following is its chart since it got listed on the Canadian Securities Exchange ((CSE)) in a reverse takeover ((RTO)) on 5/28/18.
(Source: Yahoo Finance)
The stock has notably receded from its peak, but we believe it still has a very overvalued fully diluted market cap of over C$500 million. And that value came from only C$53 million of raised