RE:Opinions?I don't think it "should" tank. I'm holding this stock for risk/reward if mgt executes their announced plans. I think it "could" tank for the following reasons:
1) The ACG acquisition results in astronomical dilution. I'm anticipating around 10% stock dilution, based on the LBA close and I think the original plan had over 30 million shares back when the stock price was above $1.00. Now, since then, SLANG has supported ACG (and other Organa brand) operations, so I'm not certain the amount paid/shares given at ACG close will equal the value back at the acquisition agreement signing.
2) If republicans do well in election...hold senate and presidency...I don't know the odds, but there's no doubt cannibas stocks are trending now due to thinking democrats will at least win presidency
3) If mgt keeps paying itself options when there really hasn't been a long history of positive trends. I think mgt should be paid for good work, but can we please wait until after we hit revenue growth and break-even margin before announcing more options for mgt?
4) If "Vape crisis" 2.0 hits...With o.pen being their #1 seller, that is what crushed SLANG in fall 2019. Having regulatory oversight would help SLANG...there's still no overall regulatory oversight.