RE:RE:RE:Cash on Hand schocor wrote: Thanks for that link. 700$M in "Pro-forma cash and marketable securities" from their January presentation. They are spending 130$M on buying Cannimed, the securities are prob worth a little less than they were in January. Anybody think they will need to raise funds prior to August recreational market commences? I do.
There last raise was at $13 for 200 million 5%. What do you think the next raise will be at? Do you think Sky and its revenue might aid in any further cash needs? At least it will get them a better deal, no? Maybe even some legit financing from a "big" bank?
Do you think the people that have been running the number so far are going to let the next buy be at a discount to the last deal? It has not occurred on any of them yet.