Over 7 mil traded today! The trend is your friend here with cannabis stocks roaring, and this one has lost almost all of its market value, once trading at a $50M market cap down to $800K! Dirty little buggers those naked shorts are on the CSE, but they sure bring buying opportunities when they walk the SP down to a penny!
At 2:56EST there was 3 idential 200K lots placed on the ask at .045/.05/.055, but with 3 different houses! I see this as manipulation on the asks to prevent this from going up quicker, which is healthy because we don't want this to go too parabolic.
I wouldn't be surprised to see a much higher share price in the next several days/weeks/months/years. This company has a good brand, and are in the right space at the most opportunistic time.
Do your DD on this one before you call it a pump & dump! When money was raised at .60 cents you know that there's high hopes for this edible/concentrates com, already signed long-term agreements in 4 states and sold over 13M gummies, plus a recent hemp/cbd partnership. Revenues could really soar here in 2021 and put Cannamerica on the map. All imho!
Recent promo vid below!
https://www.youtube.com/watch?v=GhPKaWccKXw