Shares of BCAN are trading 13% higher on acquisition announcement

Shares of BYND Cannasoft Enterprises Inc (BCAN) are trading 13% higher at a price of $6.22 at the time of this writing.

-The device is designed to treat phenomena related to women's health issues by regulating the flow of low-concentration CBD oils into the soft tissues of the female reproductive system
-BYND Cannasoft Enterprises Inc. has signed an agreement to acquire Zigi Carmel Initiatives.
-ZC owns the patent pending intellectual property for a CBD-based therapeutic device

BYND Cannasoft Enterprises Inc has been trading between a 52-week high of $16.38 and a 52-week low of $4.04. The stock has a market cap of $212 Million.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

sproutsatoshi - 1 upvotes - source
BCAN is a rollercoaster