What caused the sharp fall in CBGL stock today?

The fall reflects extreme illiquidity and selling pressure in a sub-penny PNK listing rather than a public earnings release; CBGL has low cash per share and negative EPS, which increases downside sensitivity.

What is Meyka AI’s short-term forecast for CBGL stock?

Meyka AI's forecast model projects about **$0.001105** in 12 months, but the projection is model-based and not a guarantee given the stock’s liquidity and operational constraints.

Is CBGL stock a buy after the drop?

Given Cannabis Global’s tiny market cap, weak ratios and low liquidity, Meyka’s grade suggests HOLD; only highly risk-tolerant investors with strict position limits should consider buying.

Where can I find the latest CBGL stock news and filings?

For the latest coverage see industry news feeds and the listed recent market mention [Markets Insider coverage](https://markets.businessinsider.com/searchresults?p=2&_search=%E9%95%BF%E6%98%A5%E5%8D%97%E5%85%B3%E5%8C%BA%E6%89%BE%E5%B0%8F%E5%A7%90%E4%B8%8A%E9%97%A8%E6%9C%8D%E5%8A%A1%E9%A2%84%E7%BA%A6

US Stocks

CBGL stock down to $0.000001 on 22 Jan 2026: PNK-listed plunge and what to watch

ByHuzaifa Zahoor January 22, 2026January 22, 2026

CBGL stock plunged to $0.000001 on 22 Jan 2026 during regular market hours on the PNK exchange in the United States. The move marks a -99.00% one-day change from the prior close of $0.000100 and follows thin trading with 710,198 shares changing hands versus a 50-day average of 11,917,533 shares. Cannabis Global, Inc. (CBGL) now carries a market cap of approximately $28,410.00 and a tiny cash-per-share base. We use Meyka AI’s data and model-driven tools to explain the drop, valuation metrics, and a forecast-backed view for traders and risk managers.