ahh they tagged with $CANN instead of #CANN.

Very interesting info, so what do you think it means?

It hit 4500% what is was for 6 months in a matter of weeks. That may not seem like a major P&D compared to what happened to CANN last October, but compare this to any stock or most cryptos and 4500% is an insane rise in such a short time. Being able to quadruple your money is a rare and great opportunity.

back to 1000sat

I'm monitoring the top wallets on bittrex since one week and I can confirm to you that no one from TOP #1 to TOP #10 sold their CANN.
These 900k are few weak hands panic selling.

You're right that this is a legitimate question however, I believe the real question should be whether or not there is any security backing this "asset" here.  The problem with any asset backed crypto currency today is there is no accountability, security or physical reserve available to back what is being told to the public.

Do we have any security that the gardens in fact belong to the dev and not an alternative group ie. do these gardens belong to herbal choice wellness and not CANN?  When and if the team will ever provide any details that this is legitimately backed by providing a valid licensee, regulation and proper security that an asset actually exists and is redeemable then I would consider this a legitimate coin with a legitimate "asset" to back it. Until some form of transparency and security is provided to the community this coin will continue to serve as purely a speculation whether or not an asset actually exists and can sustain the movement.  

Let me remind you, to date there has been no accountability for a CANN harvest and there has been no accountability for the gardens other then via "word" of mouth by the developer. This is the same sort of pipe dream sold by the URO team as a asset backed currency, when and if the CANN team will provide actual transparency and legitimate proof of asset by providing security only then I would and could I consider this a viable coin and not a prime target for pump and dump groups.

Hahahaha - someone wants cheap coins but he didn't realise they are cheap NOW   . 1 mil coins at 15k lol - it is a steal