A company's number of outstanding shares is not static, but may fluctuate widely over time. Also known as “shares outstanding.”
When a company issues too many additional shares too quickly, existing shareholders can be hurt. Ownership levels can be diluted and share prices can drop. It can also imply a certain level of risk depending on the reasoning for issuing more shares. Knowing the number of shares outstanding, especially when compared to similar firms, can help you protect your investments.
http://www.investopedia.com/terms/o/outstandingshares
CURRENT ON SEC FILINGS
A good cannabis company files its financial report every three months. If a company has not filed or is late filing its financial report, it's a red flag! PERIOD! A company's financial report can be found at https://www.sec.gov/edgar.shtml
The U.S government enables investors to get a clear view of a company's history and progress, and a glimpse of its future, through a set of required filings. These filings are registration statements, formal and periodic reports and other forms that are provided to the U.S. Securities and Exchange Commission (SEC).
The SEC is a regulatory watchdog, which was created in the 1930s to help stop stock manipulation and fraud. It collects documents detailing the financial and operational health of domestic and foreign companies that have stock owned and traded by the public.
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