When a company goes into a cash grab knowing full well the sector was just about to pump . It raises serious questions about the company’s ethics. If the reason for this cash grab is not substantial Then by all means this needs to be brought to the public’s attention. Shareholders where given a glimpse of hope last Friday when news of relaxed laws and reclassification of cannabis filtered though, just as that news began to get traction CGB decided it would go into a trading halt to announce a CAP Raise until the following Wednesday.
Meanwhile the majority companies in the sector have made considerable gains with announcements acknowledging the reclassification and relaxed laws on cannabis, we have heard “crickets” from CGB.
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