Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives. The company is currently developing new product lines as the recreational market is expected to allow for food and beverage-based cannabis products.

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Beleave Inc > News release

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Comment by Wallhallaon Feb 28, 2020 11:28am

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Post# 30747124

RE:RE:RE:RE:RE:News release

We are insolvent. Only thing keeping the lights on is the fact Beleave owes it vendors millions of dollars in back payments and small equity raises like this one. Raising $270 k to continue day to day operations is not a good thing.

Azt3kk wrote:
If financial statements indicated a true accurate trajectory, going by that logic after last financials we would have been bankrupt before the new year.

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