I have to agree with you. Despite a fairly low cash burn $3m in the bank is unlikely to fund a purchase and cover operating expenses.
On the plus side, I'd expect LSH to now appeal to a very different group of investors and punters so we may soon see quite a few new faces here in the forum looking at this stock.
So we probably are facing a CR but it might not all be bad news for the share price given the bigger focus on cannabis.
Ann: Appendix 4C - quarterly, page-7
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