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Re: IBB-99 post# 45820

Wednesday, 10/04/2023 6:44:21 AM

Wednesday, October 04, 2023 6:44:21 AM

Post# of 46280
WDDD maintains participation in MRMD? It seems that if we survive it is thanks to this company... the Marijuana sector will be hot again, thanks to the new laws that are about to be approved

U.S. Senate Committee Approves Bipartisan Marijuana Banking Bill, Sending It To The Floor

https://www.marijuanamoment.net/watch-live-a-u-s-senate-committee-is-voting-on-a-marijuana-banking-bill/


Liquidity and Capital Resources



At June 30, 2023, our cash and cash equivalents were $45,902. The Company raised funds by selling shares of stock that the Company retained in the spin off company MariMed Inc. during the six months ended June 30, 2023. The Company raised $76,839 from selling shares of MariMed Inc. common stock. The Company used $65,715 in cash to pay for operating expenses during the six months ended June 30, 2023.



At June 30, 2022, our cash and cash equivalents were $36,973. The Company raised funds by selling shares of stock that the Company retained in the spin off company MariMed Inc. during the six months ended June 30, 2022. The Company raised $606,136 from selling shares of MariMed Inc. common stock. The Company used $606,544 in cash to pay for operating expenses during the six months ended June 30, 2022.



Historically, primary cash requirements have been used to fund the cost of operations and lawsuits, and patent enforcement, with additional funds having been used in connection with the exploration of new business lines.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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