That's sad to hear, having to give up on a project you invested so much into already, but I can understand your reasoning. On the flip side, I like high quality small-scale titles - My Girl Loves Handcuffs was great so far - so I can definitely see the good in this decision.
I also bought CoM and don't mind the cancellation too much. You're putting out great work and you're transparent with your community, so treating this as a pure transaction isn't the way imo.