This is a classic Bull Flag breakout, although not on high volume. While I hold a position in this major Cannabis stock, I'm actually looking for more bang from stocks like BUDD, EAT, etc. Looking for a fall to the trendline and bounce to confirm this is real. Don't chase here!
I don't think it's gonna break the way you want it to be, especially not if you look on the higher timeframe such as the monthly chart. Maybe you want to trade it to the upside when it breaks all time highs, stays there for a while and creates a breakout structure, because in my opinion the sell off / rejection from all time highs is to significant.