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Re: Punkertone40 post# 35652

Wednesday, 03/14/2018 10:28:21 PM

Wednesday, March 14, 2018 10:28:21 PM

Post# of 76494
"On the capital side, marijuana companies usually lack access to basic banking services, so they're forced to rely on their meager or non-existent cash flows or finance themselves by floating more and more stock, which dilutes current shareholders."

Maybe this was their only means of getting capital. I am sure it was a "good old boy" network to reward them for past and future capital needs. There might be deals being made that we don't know about that could eventually be good for us. Hard to trust now though.