If the market does indeed wake up, and the next week will be the first indication of that, $2 is chump change for CANN. We should have very little issue sitting comfortably between $1-$2 regardless of what happens with CANN's share structure and dilution this month.
But, I feel, even if the dilution is approved, doubling the amount of available shares won't kill CANN as a good play during a rush. It'll still have a decent share structure, certainly far better than some of the other penny stocks out there with billions of shares.