Delta 9 Cannabis Inc DLTNF

How much cash do they have?

[TyLeo3]

From what I see in the Income statement, the company currently has 4,583,563$ cash.

I keep reading "they have 20M in cash". Where does it come from, I dont see it?

Does it come from this statement:

The Company reported a strong financial position, with working capital of $20.7 million and total assets of $75.0 million.

Working capital is not cash. 

It burned 3,506,135$ last quarter. Are they going to raise cash or get a loan?

 

[knights101]

My feeling is I don t see new investors long term comming on board with a loss in this Q1 report. and it seems to want ot fall back down under 0.50cents..this being said the company will have a hard time showing that its better then there peers. I am sure John is seeing this but nobody knows what his palns are..at the end of the day the company he founded will not be dictated by us, that for sure.