RE:HEY WATCHIMO, This is the only response your getting, you CAP LOCK mofo.
The aphria financing is excatly same situation as the supreme one. If you noticed its secured financing by all their assets as well, terrible.. this is the last shot for these guys, the hail mary golden pass i've talked about. Once they burn through this financing its game over, well aphria at least might have room for another small financing on the backend if the bank will let them, maybe a private placement, but their share count is pretty bloated too, I doubt there market could take it, let alone the bank allowing that. I believe absolute meltdown is beggining to get very close, we will see wont we!
Btw, DubbyTGF, or supreme exec as I call you, you wrote:
It may be a bit excessive for me to say that the black market is a non-factor, but I don't think it should be worth serious consideration. if you notice the Hexo's statement the other day:
According to Statistics Canada’s latest National Cannabis Survey (published on August 15, 2019), over 40% of Canadians continue to purchase cannabis from illegal sources. One of the major factors that drive Canadians to purchase cannabis from the black market is price. https://stockhouse.com/news/press-releases/2019/11/28/hexo-s-value-brand-original-stash-available-in-ontario 40% from statscan/hexo is no small amount of users using illict sources, thats basically half of your entire market. I even think this number is light. If you take the 30,000-40,000 ACMPR pp licenses there are existing and multiply a reasonable amount of plant count each license can hold and calculate the amount of product they can produce the number is staggering and thats only the ACMPR's, not MMAR's or not even straight illegals mixed in there. I believe with the black market its probably another 20-30% on top of the statistics.
Vulcan wrote:
could you please help out the boys at aphria.. they received approval for 80 mil financing .. backing.. im sure everyone is is dire straights.. panicking.. there going down too.. please spread some wisdom jmho