Yup. It's a total scam, and has always been so I don't expect the fact that it's going to report basically no sales or real business activity, and assets below it's liabilities is moving the stock.
Saw on Seeking Alpha that another pot stock, CNBX, is under regulatory scrutiny, and that stock is tanking, so maybe people are worried that the SEC is finally going to pull the rug out from these fraudsters.