Market cap is way too high too. At current SP its sitting around...

Market cap is way too high too.

At current SP its sitting around the $93M mark which is ridiculous for having no revenue after all this time and cash burn.

Fair market cap would be at least half of that IMO which would put the SP around the 33c mark.

Althea for example has a market cap ~$50M and they have a yearly revenue of ~$5M increasing quarter on quarter. They also have $10M In the bank AFTER fully funding the PEAK acquisition in Canada.

DYOR because the valuation of CANN is simply way to high for where they are currently at.

PS - CANN cap raising at 40c says it all....