Obviously CannTrust wants to raise money in order to purchase or acquire something. It's understandable that they are doing it through warrants because it is a challenge, right now, for cannabis companies to get financing from banks. All the update did was tell day traders to sell their shares, at the current high, because a lower share price will present itself in the future allowing them to buy back in. Welcome to the current cannabis investment. It's a day traders wet dream. The stocks are so volatile that they can essentially buy low, sell high and buy back in all in the same day/week/month.
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