CNBX Pharmaceuticals Inc (CNBX)

[XWAVXALMIMAN]

I would guess short covering but there is no short position
My next guess would be that they did a presentation that went well and someone wanted to get in early. We are running out of money. If we don’t get funding we go bankrupt. I think we will be issuing new shares soon.
60 million shares at .20 with warrants attached to buy more at .40.
This would give us $12 million cash and another $24 million if options are exercised.
If we hit .50, a 1:10 split would put us at 5.00 with 25 million shares outstanding
We will have $36 mill in the bank and products coming to market.
Institutions can buy when we get over 5.00
Biden will help pot stocks
Maybe I should put down the bong.