RE:IM Cannabis is now IM Bankrupt
You'll have all the info you need to make an informed statement when they release Q2 results this month. I keep an eye on provincial sales sites and it appears both Wagners and Highland have released new strains to market. There was almost $30 million in accounts receivable of which they typically recover a significant amount. Keep an eye on total cash. Listen to the conference call and see how Oren sounds after being down several hundred thousand on his own money. Go to Yahoo finance and see that the 28% insider and 13% institutional ownership has not changed. Book value per share is showing $2.81US. It cost $100 million to acquire JWC/Trichome. The $35 million last year came from an institution. 60 million shares outstanding and a high volume day is 250k. Even if Nasdaq delisting occurs the company is still turning over product and generating far more cash flow in more markets than many others. Moose is just another unemployed Newfie with nothing better to do between his trips to the store for his break open fix.