Yes except a very large part of Tilray’s move to $300 was the share structure. The float was so small because one group owned 75% of stock in that case. MMEDF’s float is about 50% the amount of the total shares outstanding, so the float isn’t locked up like TLRY was. if you want a share structure that could explode the stock price take a look at Simplicity Esports. WINR has only 1.2M shares outstanding and a float of about 150k with a large % of that locked up by long term holders. It’s a time bomb imo.
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