RE:RE:RE:RE:Thinking out loud!!!Free55dom wrote: GoBlue2016 wrote: Pbmoney wrote: given that they have money and the bank, and loads of inventory. I don't see a bought deal in the cars. Last conf call they said they were close to being able to borrow against their assets (mortgage), that along with the goldman group deal, no need for any more equity issues for the sake of cash.
just my two cents.
as an x-commercial Lender to mediums to corporates a bank will not lend to them (even if they weren't on the sidelines that they have self imposed). They have negative gross margin, negative EBITDA and negative profits.
Even BDC wouldn't touch this credit.
They might get a high high cost Lender but not a bank.
Bought Deal could very well be in the works, especialy how large canopy is becoming and with rec around the corner.
Also they may use more cash for equipment for eddible, bevrages, and what ever else will become
part of rec.
just my opinion- GLTA
Yes, if anything the next BD would be after analysing what the Legislation brings. Then fire on a strategy and hopefully a hype filled SP.