Unfortunately, ACB has a very high Cash burn rate
So they issue shares for this acquisition, then they further dilute themself. If they use cash for the acquisition, they waste up cash that they desperately need to fund their operation (Lose-Lose situation).
There was an article posted pertaining to the cash burn rate of each of the MJ companies, how much cash each has on hand, and how long until the company runs out of cash. I forget where ACB was in the list, but it wasn't in a good position. I will see if i can dig up the article and post on here for users to see.
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