Replies to post #2956 on TREES Corporation (CANN)

[Stock dude 1]

Has anyone heard about CANN working on a "Cannabis Coin "
program that would allow cannabis operators access to banking through a Bitcoin type of program?

This was tweeted recently and its sounds intriguing. They do own and office in an former bank building and Colorado sure needs to deal with the cash issue..and CANN has said they want to explore the banking issue...

If true-this stock could soar--again...

And they did just hire three of the most respected consultants in the Colorado MJ industry.

And Colorado rec and med are both setting new records every month in revenue-over $70 million in March. Taxes will build 8 new elementary schools in Colorado this coming year.

[Just1MoreUpTick]

I believe it's because the veteran day traders now avoid these tickers (post suspension) thinking it may get suspended again and they don't want to lose or tie up funds (not worth the risk).

The fallout from above is: the newbie traders follow the veteran traders (that pump). If no veteran traders come then no newbies come.

Thoughts?

Frankly I am surprised that getting to QB did not do more for this stock. A lot of penny "investors" are watching CANN because it is one of very few stocks that came back to L2 from a suspension. Since many see salvation for their stock in being able to do the same, it must be concerning to see it has had little effect for CANN. The stock traded higher ($10-$20)right after it was suspended!!!

But CANN is following in the footsteps of the other, relatively few that have been able to get a 211 approved in that it actually did little for the pps...contrary to conventional wisdom.

A suspension for a penny stock must be like some 'mark of Cain' in that it can never be erased no matter what. I have yet to see a single otc issue have any sort of success after return from a suspension...but that is only about 5-6 stocks in the last 7 or 8 years.