Made contact with Leighton Mills again regarding company’s thoughts on the losses. He made some good points about cannabis company’s all heading south and the general market sentiment. Agree with him the company has been good on the cash burn and there’s still 4 mil in the bank , but the only nearest chance of revenue raising via the topical cream they’re developing is looking like end of this year at best. Long term I still believe in Cannpal, but short term over the course of this year , don’t be surprised to see SP slide even further unfortunately.
CP1 Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held