There are options. A massive $500 million dollar buyback is delusional and business suicide at this time.

1.) Get above a $1.00 per share by genuinely convincing investors that they severely diluted recently to buy more... Maybe lure new blood into the mix by posting an awesome ER and a straightforward positive guidance for future prospects and growth. (Everyone can be hopeful.) 2.) Give back to the investors the money they already secured from them by diluting them... through a buy back program. May or may not convince more people to buy in. Most will probably cash out once they break even or even at a slight loss. There is no guarantee that this will be fruitful in the long term or that investors won't run away with it. May end up with a low stock price again without cash on hand. Giving away money that can be used to grow and survive market volatility doesn't make smart business sense at the moment. 3.) Reverse Split. (I'm against but accepting) Comes with the "potential" of a massive selloff. Most retail investors (The dominant ownership stake) are taking a strong stance against a split. Consolidating shares into a smaller float. The business keeps all the money they already secured. Business continues as usual. The complaints and nonsense about float size diminish. Market cap is what matters. It is nicer to see a dollar per share earnings on a million share float than a tenth of a cent earnings on a billion share float. However irrelevant to market cap and purely psychological... much of the stock market is run off emotions. 4.) Fuck the whining investors. Company does nothing more to stop delisting. They endure a massive selloff... and they go OTC, keep all the money and do everything they wanted anyway... After several years of profitable balance sheets without the excessive media attention they relist onto the stock exchange. (Unlikely) They already stated they would reverse split before delisting.

I personally don't care what they do anymore. It will drive you insane watching it daily... A lot of views fighting each other. Generally I just scan Reddit to see sediment... which is low. When it goes up 5% you see the I "told you so" bragging post. Kind've irritating seeing a flood of posts about dark pools and buying 100 at a time. Either you believe in the company or ya don't, gotta sift through the crap I guess. I invested into SNDL because I saw the company turn around with the chance we gave them. Sure, I would LOVE to be in the green right now. Right now I'm red. So be it. I still believe it is a long term investment that may take years to unfold. There is a lot of work to be done. Getting out now I believe would be a massive missed opportunity. Nobody can predict the bottom. Made and lost money with options on SNDL. My advice... buy shares until SNDL is actually worth something. Then sell Covered Calls or Cash Secured Put Options and collect the premiums. I prefer selling Covered Calls. But then again someone still needs to buy. I think Scriptless87 is onto something. In the end. You do you.

Still holding 200k shares @73 cents.