on last 4c they had 3.5 quarters of cash left - the key question...

on last 4c they had 3.5 quarters of cash left - the key question to further cap raise is how much more revenue can they generate from here with relatively stable costs - if that happens, then any cap raise can be pushed further out

the bigger question is if these guys do get their sh*t together and back at previous sales levels, then they must become a takeover target as the infrastructure, distribution networks, brands and so on are much more valuable presumably than the current market cap and certainly, than the cost of building it all, and they should be taken over

The likely takeover will not be from cannabis markets but if republicans do change laws in the US, then anyone with large US distribution will want into this market so the likes of CocaCola and so on I would expect to be looking across sector for cheap existing players they can dial up distribution for