The company just lined its coffers with $75MM in cash at a price that is 25% from all-time highs, but 300% higher than the share price 6 months ago, higher even than the share price was just one month ago.
Not disappointing at all, for true shareholders, IMO. Especially when you read what they intend to use the funds for...
Every time once of these MJ companies does one of these finance deals they go WAY down in price. Bought deal is for $5.55 so I'll half that and say $2.77 shares will be incoming sometime this Summer. Save your money for those.
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