$1.05 is the 'dilution' bottom IMHO based on conversion prices. It will only break downward if 'retail' holders sell below that price.
It's been a tough gig since Nov of 2016.... but I think we'll find ourselves riding the same wave here in 2018. I think that initial wave will peak earlier as the catalyst in 2016 was also MJ vote passing in Nov along with the OR expansion.
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