Cannabis producers in Canada with fewer than six months of cash on hand may have to rethink planned facility expansions if revenues continue to come in lower than expected, according to an analyst. Greg McLeish of Mackie Research reviewed financial statements of 50 publicly traded cannabis companies. He found that 21 have fewer than six
Canadian cannabis firms burn through cash amid ‘unmitigated retail disaster’ is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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Originally posted on Canadian cannabis firms burn through cash amid ‘unmitigated retail disaster’ via George Scorsis Medical Marijuana News
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