RE:RE:RE:RE:Next option …. DILUTING …..Let's see if you can do basic math Optzero. Take their cash, about 1.5 billion and divide by their current burn, any 650 million/quarter. How long before they run out of money?? ;)
OptGreen wrote: The writing is on the wall?....get your wipes and clean it off and be quick or mother will be kicking your azz again. So in the world of the weak and tiny minded "billions in cash" in the till is meaningless? You wonder why you are just worthless barking gutter crud?
Cash is king and when you have billions on hand you don't sell stock to pay down debt...is it any wonder no one would do nothing but buy when you puke out your bullshite. Keep up the good work on generating buyers of WEED. I would suggest being useful and going over to help out the Ukrainians but a mess like you would just fakk them up. JMHO...Opt
Starsearcher80 wrote: Interesting to see analysts and the media picking up on this. The writing is on the wall.
Invinciblone wrote: they still have billions in cash....
lou64 wrote:
Next in line comes Canopy and see what the market thinks of a company that can not pay off its debt via profits !
Aurora Cannabis Is Selling Stocks To Pay Off Debt And These Canadian Marijuana Giants Are Next In Line
The dwindling cash and limited prospects for achieving substantial cash generation would leave the company in a very vulnerable position ahead of the 2026 maturity of its CA$900 million credit facility,” he said, adding that it “requires a minimum liquidity of $250 million.”
With analysts suggesting that Canopy won’t be able to achieve positive adjusted EBITDA in the following three years, the refinancing of the debt could be questionable.
“While its stock is trading near a 5-year low, we think it makes sense for the company to sell stock, as it currently trades at 2X tangible book value despite projected losses ahead and looming debt maturities,” Brochstein said.