The sector doesnt matter if the company is on the verge of bunkruptcy. If this company doesnt raise again soon its going to be suspended and wound up, like several other cannabis companies on the ASX have done. You got a company that will need to raise a few million at least, thats only valued at $12 million, with management taking out a majority of the funds raised to pay themselves. Not a good look.
Managment, page-10
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