Expansion requires lot of $$$ for marketing, staff, production etc. I dont think they can cut much from their current operating costs.
it is good to pay off their debt but they only have around $4m left and cash outflow $3.6M this quarter. Another cr is needed.
from my opinion, funds are staying away from cannabis stocks hence they couldnt raise decent capital.
Bargain hunters will buy for a few pips trading but soon the stocks will collapse back down again.
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