Long SharesEstimate > 70 to 80% of shares are held by insiders and strategic partners. So while the daily trading volume has increased recently, this is more a function of a smaller float of investors trading in and out based on profit taking and future positioning.
A company with 60M or so in cash, with contracted revenue for 2020 at materially close to max capacity (with intentions to expand capacity), with white labeling intentions and aspirations of Canada's largest 3rd party manufacturing of vape, and with a material supply of dry bud coming from their JV subsidiary. EU and global expansion planned for, in part, by following some of their current clients abroad. Confidence in future revenue is plain and evident.
All of this points simply to short term volatiliy based on news, analytics are less than usesless in this situation. Potential for becoming a tier I cannabis company is the reality. If I'm just waking up to extraction potential, and I read the research, I'm all over this below $5 or $6. And strategics aren't selling, not even close.
Enjoy if you are long, and shut off your computer.