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Saturday, 02/06/2021 1:19:53 AM

Saturday, February 06, 2021 1:19:53 AM

Post# of 10518
READ: ONLY SNDL DEBT FREE. OTHER COMPANIES IN DEBT.https://www.fool.com/investing/2019/04/21/5-marijuana-stocks-with-the-most-debt-should-inves.aspx

Company Total Long-Term Debt
Constellation Brands (NYSE:STZ) $13.6 billion
Scotts Miracle-Gro (NYSE:SMG) $2 billion
Aurora Cannabis (NYSE:ACB) $599 million
Tilray (NASDAQ:TLRY) $420.4 million
Aphria (NASDAQ:APHA) $46.7 million”

"While many cannabis companies have significant debt burdens, Sundial is proud to announce that we are now debt-free," said Zach George, Sundial's CEO. ... Through a combination of asset sales, debt for equity swaps, capital raises, and cash repayments, we have eliminated $227 million in debt this year.“
https://www.prnewswire.com/news-releases/sundial-announces-completion-of-financial-restructuring-and-debt-free-status-301196607.html

“Following the closing of the offering, Sundial has unrestricted cash of approximately $610 million, in addition to marketable securities and loans receivable of approximately $61 million, and approximately 1.56 billion common shares outstanding.” https://ca.finance.yahoo.com/news/flower-one-announces-successful-closing-160900347.html


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