RE:1billion dilution before legalization WTF who buys this
Actually 935 million. Big pharma comes knocking on the door of the first MJ company to turn valid earnings without cooking the books and so far the largest global footprint with CBD potential like no other, positioning themselves first as medicinal . Big pharma wants in, buys 500 million shares . Beverage company comes knocking. Doesn't want to be left out, buys 300 million shares. How many are left in that scenario? Amazon has 471 million shares outstanding. AAPL has 4.8 billion shares outstanding, since you mentioned both of these. Who is being played? Certainly not any shareholders that actually own shares and are smart enough to set their sell order well above market value. Please, make a valid argument to convince of your actual position. If you are short, Get out while you still can. Fortknight, Out.