This morning in the market, $HUGE is up 49.73% today after a decision to forfeit the cannabis licenses of its subsidiary, FV Pharma, and focus on developing a treatment for COVID-19. The company has decided to liquidate all FV Pharma assets including their medical grade cannabis production facility in Ontario.
According to the Robintrack graph, thousands of new Robinhood users jumped on $HUGE as soon as the price jumped. Will FSD Pharma be another stock influenced by the mass of Robinhood users? Does it show any promise in developing a vaccine for COVID-19? That much will become clear in the following weeks
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