Vape Holdings Inc. (fka VAPE)

[BefallenKnight]

Not really seeing the build up
Looks like an average day to me. VAPE is actually backsliding a bit into the 5 range. The past few weeks have seen an uptick in activity but mostly on the sell side. The share sales have also been in relatively high volumes which indicates insider sales. Maybe VAPE management are selling to raise capital? Maybe they are just clearing out? Who knows?

Word on the street is that Congress is close to passing a cannabis banking bill since the legalization wave is spreading across the country and banks want in on the billions of dollars being generated. I’m not sure how this will affect VAPE but legit MJ companies may now have access to loans which could provide a major boost to the sector