DBRSRatings agency DBRS Ltd. is giving the Canadian cannabis industry a non-investment grade for now, but says that the credit risk profiles of licensed producers could significantly improve in the future as the sector stabilizes.
In a new report, the Toronto-based global credit agency gave the sector as a whole a B rating — one that it usually defines as having very unpredictable cash flow from operations, negative net income and poor size with no purchasing power.
Well this is not going to fuel a turn over.