RE:RE:Further acquisition INFOSenorLegume wrote: This hurts shareholders to be financing at that price even if only a small amount and the risk of that continuing does not inspire confidence. I am assuming that is the best option the company has but will express my disappointment anyhow. I acknowledge the company needs further financing and the cannabis market is a dry well currently, but with Alumina, I would guess the shares they reciever are immediately sold into the market. Leading to more selling when there are very few buyers for this stock or any cannabis stocks.
Select stocks have huge volume today like AGRA (who signed a supply agreement but only just got cultivation license) even that old dog GLH. Canada House has made solid moves of late, but this dilution and again the lack of market awareness is not drawing in new money.