RE:Predictions (for fun) StockGURU49, why will the stock price go up on monday? They have failed to close the deal thus far. Cannacure got their license, not CANN yet as we don't own them at this time. Obviously negotiations have been difficult or we'd have raised $10 million or more in a heartbeat like most of our peers who are being given financing hand over fist, often at prices much higher than current share price. Why its been so tough for CANN, i have no idea. Could it be related to former Management? Perhaps. Hard to say.
At any rate, until they can close the financing and then close the Cannacure deal, the stock price is likely to remain under pressure in the 25 to 30c box its been in for some time.
I'll continue to add whilst the price is attractive and hope they can finally get this done and we see a decent move up for once. Its long overdue.