Possible Share BuybackA nice way to bring the share price to a proper level would be for Nextleaf to repurchase some of its outstanding shares on the open market.
This would clean up the million shares issued at 5.5 cents to repay debts and make good use of the profits Nextleaf is probably about to announce.
A proper share price is very important at this juncture to fend off low-ball takeover bids. I would see such an initiative announced together with the coming financials. Rather by the end of May than later in June.