RE:RE:Reverse SplitThe reverse split was necessary to comply with NASDAQ listing requirements, the company would not have done it if there was a choice. That took place in 2023 and is behind us now.
The company is the lowest sharecount LP in the market, this is advantageous for both the company and investors. The R/S also improved the EPS numbers. You can Google how a reverse split improves EPS numbers.
Anyone who held shares in 2023 and rode out the R/S had the same opportunity as everyone else to add shares under their running average in order to lower their overall average. The alternative is to hold and wait for cannabis rescheduling as this is when I expect the cannabis stocks will all lift off to earlier multiples seen when Canada Legalized.
Keep in mind that the major sell off of cannabis stocks (all cannabis stocks) was seen during COVID years.
Very few people expected lockdowns to last for years, including large players, so no average joe should be beating themselves up for sitting on higher averages.
IMHO we have a lot of recovery yet to be seen in this sector (again all stocks).
Jmho