Post by
Nonyah on Dec 01, 2020 10:49am
Here it is, this is what I think.
*22% is the low end of the Markshare the the company has. Michigan numbers show inconsistancies with sales over the last Q of Q and numbers are shared with growers and retailers as a whole. Not just RWB. Be ready for End of Year fins. they will be to your liking for michigan.
*Peoples possible notion that they will dilute is worrisome. I suspect there is a possibility they could re-finance from their previous deal to improve on rates to reduce debt owed.
*I also have to consider the recent Bought Deal offering. I suspect that the company will be collecting ~$33,000,000 from the Warrants before years end. Their Opporating cash flow is low, look like ~$700K. meaning even if the co makes no money, they could servive for 17 months.
Comment by
Nonyah on Dec 01, 2020 11:47am
They havent released data in over 2 months. I can only assume there was a increase since the acquired the #1 company is Michigan.