Path ForwardHere is a 3 step plan for moving forward:
a) Sell off BEVO and use proceeds to pay off high interest debt. NOTE: Secure long term access to Site A at Langley for future Cannabis growth
b) Given the current $20M+ qtrly cannabis revenue you are left with a business with an annual run rate of $80M which should drive up share price to at least $0.30 and enable additional $40M or so from 300M warrants at avg. of $0.14.
==> have est. 1.1 Billion o/s shares and valuation around $400M
c) Then joint venture with Mondelez -- $250M for roughly 40% of the company. Then use the funds to acquire brands and/or aggressively expand Cannabis sales.....
Imagine the situation of 12 months from now. ----- on track for $100M+ in Cannabis, no debt, share price likely pushing $0.60 and Mondelez financing the consolidation to have Zenabis among the top 4 companies in cannabis in canada ---- imagine another 12 months and say $1B in revenue --- reasonable that Mondelez simply acquires remaining 60% or 1.1 B shares for say $3-5 per share
With someone like Shai Altman this is completely doable. Let's see how things unfold.