Post by
Starsearcher80 on Mar 21, 2023 9:05am
FINANCING??
So Canotpy is bleeding out all over the place and now the inevitable Financing is on the table.What do you think will be the discount terms for trying to finance the walking dead? Not to mention the dillution that will absolutely crush shareholders. Enjoy!
Comment by
TheProphetElijah on Mar 21, 2023 10:13am
There must be a reason why ATB would fork over $150 million, that's quite a chunk of change even for a bank.
Comment by
TheProphetElijah on Mar 21, 2023 10:33am
Correction, sounds like ATB is acting as a broker on the transaction, while the buyer is an 'institutional investor' But still someone is a believer.
Comment by
caretired1 on Mar 21, 2023 11:35am
The companies they are buying in the US and have already paid for make money. We'll see how much sometime this year
Comment by
yp01048 on Mar 21, 2023 11:13pm
Yeah. Apart of that debt due in July I assume. They had to pay something this month or next I believe. I hope they do another financing for the remaining debt, but it most probably will be in new shares. Hope is in canopy usa and not Cgc! Lol I don't even know if that is possible