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Friday, January 04, 2019 5:06:33 PM
Curaleaf Holdings: Nearly $450 million.
U.S.-based vertically integrated dispensary, Curaleaf Holdings, is one of three companies, with a mountain of cash on hand.
Cash is a precious commodity for marijuana stocks, and the three, in The Motley Fool article, have the most.
At the end of Curaleaf's recently reported quarter, it "only" had about $48 million in cash on hand.
However, subsequent to the end of the quarter, Curaleaf completed its private placement and go-public transaction, raising approximately $400 million in the process.
That suggests Curaleaf has closer to $448 million in cash on hand to facilitate its growth strategy.
These Pot Stocks Have the Most Cash...The Motley Fool
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