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Re: fignewton post# 162

Friday, 02/21/2020 11:53:50 AM

Friday, February 21, 2020 11:53:50 AM

Post# of 275
As a new company, the accounting is pretty standard. It's a non-cash item, but biological assets are inventory that will convert to revenue or cash fairly quickly. The inventory is already earmarked for their established brand partners. We'll see revenues increase dramatically this year, which is why they said they'd be cash flow positive first half of 2020. Also, their last earnings call is very informative and very upbeat if you ever have any questions.