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HopeSkeptic

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HopeSkeptic

Re: MADDSTACKER post# 8802

Monday, 04/13/2020 8:29:15 AM

Monday, April 13, 2020 8:29:15 AM

Post# of 18460
Madd - Cansortium (Fluent) has serious cash troubles. Accd to Bloomberg: MJ Biz daily looked at the companies’ operating cash flow, cash on hand, unused credit facilities and new debt or equity and subtracted capital expenditures and debt due in 2020 to reach the conclusions, which were detailed in a presentation last week. Acreage 0 months, Emerald 1 month, Cansortium 3 mo, Columbia, Flowr, Vireo, MedMen, Ianthus all also under 10 months. https://www.bloomberg.com/news/articles/2020-04-12/cash-dwindles-extinction-level-event-looms-cannabis-weekly
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