LOL the amount of speculative BS in this thread is...

LOL the amount of speculative BS in this thread is unbelievable.

I understand majority of the outstanding shares are held in a small number of hands - but what do you expect for something that has basically just gone public (CDA).
Yes in the short term there will be profit taking and volatility, but the distribution of those shares will happen over time. Completely normal

Today - MORE Volume was traded than yesterday and it finished up 5%. Indicating plenty of demand around the 60c mark.
Yes it got overheated in the short term hitting $1 because of the dividend announcement, but ZOOM OUT on it's overall performance since CDA joined.

People are talking as though the Med Can industry has peaked and is in it's maturity phase...
Couldn't be further from the truth.

CAU's lead in this space is GIGANTIC compared to the other cash burn BS companies out there.
Current market cap is literally around only 3 or 4 times their projected annual revenue (conservatively - not including any growth!)
I understand expected revenue multiples in growth stocks are supressed because of the macro environment but still, that's really low considering CAU's QoQ PROFITABLE growth.

There is literally NO evidence their MSL's are missing their growth targets and the company is hiring more and more.

Any capital allocator wanting exposure in Medicinal Cannabis would have CAU at the top of their watchlists.
Their profitable with market leading software that generates enough cash flow for dividends.

Everyone needs to take a chill pill and breathe!!

If your plan was to hold this for at least another year or two - you have nothing to worry about IMO

DYOR as usual and this is not financial advice. But don't let BS speculation scare you out of your winners.
Lot's of sharks out there would be glad to shake out the weak hands to fill their long term positions.

Rant over