GREY:GGBXF - Post by User
Post by
AwareInvestoron Aug 15, 2019 9:12am
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Post# 30030918
GGB Returns to the Trough Again, This Time for US$127M
GGB Returns to the Trough Again, This Time for US$127MGreen Growth Brands has become a cash incinerator. On July 31, it closed a raise for C$41.48 million, just days after it had announced the bought deal was for up to C$50.2 million. At the time, they had provided a number of justifications for the deal – the majority of which The Deep Dive disputed based on previous company filings. Now, the firm has returned to the trough yet again for further funding.
https://thedeepdive.ca/green-growth-brands-returns-to-the-trough-again-this-time-for-us127-million/