Thursday, June 29, 2023 5:03:56 AM
Not happy one bit that shares trippled since two years ago. Without the Safe act, if they keep current revenues while lowering debt more, they could make it to $6c
Currently there are no buyers almost anywhere. Marimed people complain, Green Thumb people complain. Then, try to imagine Madmen holding on by the skin of its teeth.
Quote: "$MMNFF Company will need to obtain an extension or a refinancing of its debt-in-default with the secured senior lender.
In total, the Company's cash needs remain significant and primarily related or stemming to matters that precede from years past when decisions were made under the assumption of eminent federal legalization of cannabis, and not achievable under the current macro-economic conditions impacting our cash flow from operations"
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