The number of Canadian cannabis producers with fewer than six months of cash on hand has increased over the past quarter, reflecting disappointing earnings and front-loaded capital expenditures, according to an analyst. Greg McLeish of the Toronto office of Mackie Research Capital found that 25 companies are down to half-a-year of cash when capital expenditures […]
Analyst warns of shelved expansion, restructuring as cannabis firms teeter on edge is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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Originally posted on Analyst warns of shelved expansion, restructuring as cannabis firms teeter on edge via Cannabis Industry News
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