Some cannabis companies are mere months away from running out of cash

Liquidity is a more pressing concern for Canadian cannabis companies than for their U.S. counterparts, according to a new report.

Aurora Cannabis Inc. is near the bottom of the pack and the worst-positioned Canadian producer with 2.3 months of liquidity, followed by Tilray Inc. with 3.7 months. Aurora said Thursday that it’s cutting 500 jobs as part of a major cost-reduction effort. “I think people are looking for quality management teams that can effectuate a turnaround and have experience operating in a tighter environment than some of these early C-level teams,” Gerson said.

Hey if it weren't horribly overpriced and generally of poor quality, you might've had a shot at success with this! Still can't beat the BC buds in quality or price. That's never gonna change as long as the govt has a hand in the production here in Ontario.

Massive flow of tax dollars coming.

Turdeau will be the first drug dealer to figure out a way not to make money off of legalizing pot.

Sverige Senaste nytt, Sverige Rubriker

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