End of last quarter MMJ held $1,388,000. They raised 4m in the CR and will receive 2m cash from Harvest One. That gives a total of $7,388,000, not the 4mill I stated earlier. Cash burn was estimated around 1.9mill for this quarter, so should still hold around 5.4 mill by the end of December, if my maths is right.
Not taking into account any pill sales.
The Canadian Market, page-8
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