Actually, neither Peters or Taylor cares much about the
stock price.
They care about shareholders first and foremost.
Any one who has spent any time with either of them would know
that.
Whether a mm will sponsor the 211 filing is conjecture.
In an email to Benzinga, CANN CFO Christopher Taylor said
that “the management of the company [is] as shocked as
anyone,” further noting that “this does not pertain to
any of the restricted shares owned by the founders or officers.
"This relates to stock that has been sold that is free
trading, and we have no control over these sales."
420 Investor Alan Brochstein called CANN “one of the
best companies in the [cannabis] space,” noting that
this is most likely a third-party problem with an
individual investor breaking the rules.
Just so we are clear, no current CANN officer or founder has
violated any sec rules, their shares are restricted.
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