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Re: jaybe420 post# 24733

Wednesday, 03/18/2020 10:50:52 PM

Wednesday, March 18, 2020 10:50:52 PM

Post# of 30448
Exactly. "The latest excuses are false claims that dilution and the R/S are responsible for making Canb a worst investment than the others."

There is nothing in that statement saying that dilution and the r/s have NOT contributed to the decline of this stocks value.

Given the sector's current state, add on top of it the enormously unprecedented overall market crash, there is no way to gauge the effect of what any dilution, reverse split, or so called "management mistakes" have had on Canb. I demonstrate that every company has done bad, not just Canb. Some not quite as bad, but most to the tune of 90% or greater.

Can anyone logically and reasonably say "Canb would only be down 30% or 45% if it were not for those things"? Or, would Canb be the only company in the cannabis sector to actually be up if it were not for those things?

You stated "The cbd sector’s decline is used as a catch-all excuse on a daily basis". That is right, it's an excuse for every company in the sector because it should be. You have a company like KG that is growing and profitable with dilution but no debt and no R/S. Should that be down 85%, sitting at a market cap of $20 million down from $130 million within the past year? Keep in mind, they are not faring much better than Canb.

If the CBD sector rebounds, and with two additional quarters of filings for Canb, that will be the time to tell what investors think of Canb. If Canb were to falter during and after the rebound, then that is the time to trash it. Until then, there is no way to validate those are the reasons...
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