48North Cannabis Corp. V.NRTH

RE:RE:RE:Farm video clips

[xelanitram]

Canmoose, I anticipate that some portion of that is spoken for. Seeds, extraction (which they said was fully funded during recent AMA), operations, etc. Subsequent to the report, they also repaid $2.3MM of mortgage debt that was acquired along with Good&Green. Also consider, though, that the report didnt include the additional $7MM financing that closed afterwards... so their cash position seems likely to remain healthy. That said, you obviously get into trouble if you get close to running out of cash (ex., I seem to recall that Good&Green only had something like $63k left when they were acquired, which might have made acquisition critical for them). Financing takes time to find and close, so a substantial buffer is vital