RE:Market cap of 62 millionsHobbs999 wrote: And around 50M in cash? The market is not pricing the havest + every other assets very high :S
My guess is that they spent a lot of the 50M in cash.
This was at the end of June remember.
They bought two companies, had expenses for the Good Farm and had expenses for building out the Good House for handling the drying of the harvest and all of the extraction.
These things will not be cheap.
I hope they have money left, but we don't know because they don't give updates like the other outdoor grow ops do.
I'm praying they still have 10M left so they don't have to raise again.