CBIS is pushing their equity hard. If what you say of 200M diluted shares were in fact correct, I wouldnt expect anything like that to occur until new highs were met and confirmed broken. Any dilution would be eaten up by investors after a new high.. "thus creating yet another consolidation trend after the prior upward trend.
All stock can do is: Go UP Go Down & Consolidate
Right now We are GOING UP
If it happens.. it will be after this upward run
But like many here, we're here for the profits.. and we'll take them with the new highs; new investors and/or current will be able to get in once we break then and confirm the new high.. but we have next week to find that out.
I am not saying what you disclose to be incorrect.. only RIGHT NOW is not the proper time to do so. Just thinking as If I were part of the investors relations team for CBIS!