Zenabis Global Inc. T.ZENA

High Risk Stock BUT High Reward if....

[MisterPut]

I've been contemplating taking a considerable position in Zena, as at this price point with a market cap of $25M it's quite attractive; but,  the concern that I have is if Zena has enough runway to see it through.

I figure they need at least 3 Qs to get there, but currently has enough cash probably for no more than 1Q. Also, they have +$60M in debt due this June.

Sales are likely going to be decent; but, not enough to organically grow the cash necessary. Traction in Cannabis 2.0 not before Q2 at the earliest, so don't expect much before Q3. Also, they have been ramping up big time, and with that come the additional operating expenditures which typically pay off 1-2Qs thereafter.

Am I missing something here?

[wannjackson12]

All that is missing are the financials which once we have will definitely give us a better picture which will help all shareholders make a call... HOLD or MOVE ON... Much has gone on with Zena since last quarter leave shareholders honestly in the dark..  MisterPut I do appreciate your post.. Thank  you

[Foxbat143]

Spot on MisterPut.  Absolutely correct. You are missing just one piece to the puzzle. So a bit of DD and you will get the final piece.