RE:RE:RE:RE:Today there was no reason for weed stocks to fall$40 would be much more than $8 billion. Currently the float is roughly 180 million shares but with Altria buying 150 million shares and the warrants to purchase 10% more of the company. So fully diluted is 180 + 150 = 330 +10% (33 million) = 366 million shares. $40 would give a market cap of $14.64 Billion!!! even as it stands 366 million shares x $29 = $10.6 Billion!!!
There might be even more warrants and stock options out there that would dilute this thing further.
Jaydcrzy wrote: Lol yes because sectors trade in tandem. Algos control mostly all movement in this market, thats why they all react at the same time.. 40$ would give this about an 8 billion $ market cap. Good luck with that.
Oh wait your CAPS are causing a huge rally.