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Fincanna Capital Corp C.CALI.X

Alternate Symbol(s):  FNNZF

FinCanna Capital Corp. is a Canada-based investment company. The Company is focused on targeted sectors of the cannabis supply chain through direct royalty or equity investments and strategic joint venture partner relationships. It has no active business operations.


CSE:CALI.X - Post by User

Post by MAZZMEXon Jan 30, 2019 8:55am
133 Views
Post# 29294927

As of latest financials...

As of latest financials...CALI had $2.565M in cash, $258K receivable, $490K prepaid expenses, $16.5M investment and loans for a total of $20M in assets with only $280K liability(accounts payable).. Assuming they should still have at least $2M in cash, with the latest $4.3M financing that should close in a week and the $3.9M from the sale of Coachella, Cali is in excellent position with $10+Millions on hand...
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