RE:So what is the reason for the share sale?A good question. There won't be access to debt markets for any cannabis company for a long time, they can't buy assets seized by banks or bondholders unless they have bags of cash. Now they do. It's ugly. To the survivors go the spoils.
navajojoe wrote: There has to be something going on that they needed some extra cash for, or some big fish wanted in with more info in hand than we are privy to. They didn't need the money for everyday use, so what is it for?