OTCQB:VVCIF - Post by User
Comment by
Goalkeeper1on Jul 30, 2018 4:47pm
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Post# 28387604
RE:Canna farms
RE:Canna farms
Enhanced Financial & Capital Markets Profile
• The combined company’s market capitalization and strong cash position of $110 million, combined with Canna
Farms’ positive operating cash flow and trailing adjusted EBITDA margins of 46% are expected to result in a more
robust capital markets profile.
8 Immediately Accretive
• The Transaction will be immediately accretive to ABcann
• For the twelve months ending June 30, 2018, Canna Farms generated net revenue and adjusted EBITDA of $9.4
million and $4.3 million, respectively
• For the fiscal year ending September 30, 2017, Canna Farms generated audited net revenue of $5.8 million and
adjusted EBITDA of $2.8 million
. Based on 20-day VWAP of $1.20 as at July 27, 2018