Replies to post #21137 on Medicine Man Technologies Inc (SHWZ)

[damAcon1]

My red flags:

Reading --
As of December 31, 2023, cash and cash equivalents were $19.2 million compared to $38.9 million on December 31, 2022. Total debt as of December 31, 2023, was $156.8 million compared to $127.8 million on December 31, 2022.

Then hearing --
$2.5M FCF last year
Continued margin pressure
Looking to unlock liquidity and capital to take advantage of the shakeout.

When should we expect an offering?...or will they first need to hold a shareholder vote to increase the common before doing so?