$KOAN traded in the 0.20s from July 23rd - July 28th, 2020. Aside from that sole week of trading, KOAN hasn't been over 0.2 since Jan 2020. What happened with KOAN that led to this stagnation and decline that held this primarily below 0.20 for such a time?
An ethical and corporately-responsible decision to cancel the vape launch during a time of health-endangering illicit market activity in cannabinoid vape oils that sparked an industry-wide shake. I imagine many are still struggling, what with empty packaging still being fraudulently replicated in various areas around the world and marketed through major online retailers.
Seltzer can get as high as he wants as far as I'm concerned - I'm glad they didn't rush into something that would've cost a fortune to survive. Todays 8-K gives me goosebumps. I <knew> when that loan was published that it would indeed be settled early, as KOAN implicated or outright said at the time.
Get it $KOAN, back it up - and I do mean that in the most serious way. This product launch fails, in this specific time - it'll be a problem, and this will nose-dive harder than the TX*D dead-cat bounce. That's not going to happen. Holding long for dollars.