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Green Growth Brands Inc GGBXF

Green Growth Brands Inc is engaged in the healthcare business. It is a cannabis retail company operating worldwide. The company's brand profile include CAMP, CBD, Meri + Jayne, and others. It has two operating segments; the cultivation, production, distribution and retail selling of cannabis products, and the production and selling of CBD-infused personal care products through retail, digital and wholesale channels.


GREY:GGBXF - Post by User

Post by Pedrostcock8xon Oct 25, 2019 9:55am
237 Views
Post# 30269005

GGB

GGBEither way you spin the following, it 's not good for the stock value:

Green Growth reported $15.7 million in revenue for its fiscal year, which ended June 30.
The company’s debt was almost $89 million at year-end.

Independent auditors said in the company’s filing that Green Growth does not “currently have sufficient working capital, and available liquidity to meet its commitments and fully execute its business plan over the next 12 months and is dependent on the Company’s ability to raise additional finances to fund its operations.”
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