Where is CANN getting their cash from? They certainly arent making any off of their operations! They are losing a pile of dough in operations on a regular basis.
CANN has a brilliant following and it is traded in a way that feels consistent. Even during the selloff around 10 there were days and days of sell opportunities...which is as important as the buy opps!
CANN does struggle at $5 a lot, but I feel this time could be different. We didn't go below $2 this downtrend and we've had about a $2 gain in the past 3 days alone. I feel it's been too explosive to slow at $5 this time. In 2016, it fell from $5 because of bad news. 2017, it set an initial upper limit at 5 because that was the usual. $6 could be price for a pullback this time.
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