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Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.


TSX:ZENA - Post by User

Post by Jimmy713on Feb 09, 2021 7:34am
128 Views
Post# 32510387

CONS/PROS By end of 2020

CONS/PROS By end of 2020MY view of where we standing at end of 2020, please add/correct/comment at your convenient
  • Expected in Q4: Higher revenues
  • Interest Rate: Interest rate on Secured debenture of $51.5M decreased from 14% to 10%
  • Merger/Acquisition: Announcement of a potential merger on Jan 6th
  • Sales: Proven growth each quarter, excellent well known products (Namaste & Re-up)
  • Production: high production of 111k kg at a low cost of 0.76 per gram
  • Debt: Refinanced until 2022 & decreased by 54% from a year ago, total debt 65M
  • Shorts: potentially high percentage of shorts
  • Cash: $5M & available $10M  
  • Outstanding & warrants: fully diluted 1.25B shares
By last quarter of 2019, the stock price dropped to below $1, during 2020 we witnessed a high of only 21 cents and a low of 4.5 cents majorly by SNDL manipulations, lets all welcome 2021 and go back to our position north of $1.

Good luck to all long 

 
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