Valour on Financing and Multi Revenue Channels (via ceo.ca) “A lender doesn't directly care about the share price of a company, especially when it's in a highly volatile market. They are going to ascribe value to a) physical assets that they can claim in the event of a bankruptcy b) sellable goods and procedures that the assets can consistently produce, and c) the solvency and diversity of their sales channels.
RQB has two large operations that are sellable to another cannabis producer if absolutely necessary. They also have the IP generated at McGill University which will one day be pure cash flow, even if the market doesn't currently give value to it. They have a consistent and repeatable growing process that has received very high quality assessments from Health Canada, and they have a Diversified sales channel, including B2B and provinces in Canada, and B2B in Australia.
The market changes quickly and any participants appetite for risk can change overnight. If and when they finally get this debenture issue behind them, there is capital in the wings that would be willing to jump in. But until then, and with tax loss season in force, it's going to sit here.”