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Re: e-ore post# 63707

Sunday, 02/23/2020 6:31:26 PM

Sunday, February 23, 2020 6:31:26 PM

Post# of 73983
All companies that go public give up some equity. It's not gifting. GRN is getting some very valuable liquidity in return. And I wouldn't be surprised if there is some debt with his subsidiaries. That wouldn't be shocking at all. Take a look at all the cannabis companies. Debt everywhere, with a few exceptions. What is more important is what is the potential revenue vs debt in the short and long term. Nobody knows anything right now to make any definitive statement regarding that. You assume it's debt ridden, but given that their core enterprise is in services/banking, I would NOT assume they follow the model of the MJ retailer/grower in that regard.