I don't believe they would be struggling to sell the...

I don't believe they would be struggling to sell the product. It seems there is a buyer for every gram of MC grown in Australia. Where CAN is struggling is the margin they make from those sales. The amount they make per gram is at least 50% lower than what it would have been years ago when they were assessing the financial viability of Mildura.

Still no sign of a turnaround for this company and they've been hit with the double whammy of rising interest rates. Without a large source of revenue that they can make a high margin on they are going to have to resort to further asset sales, large cap raises and cost cutting in order to payoff their debt. Individually, none of those things are desirable to investors. All three, ouch...