Analyst warns of shelved expansion, restructuring as cannabis firms ‘teeter on edge’

MJBizDaily
By Matt LamersJan 7, 2020, 1:03 pm225 pts
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…

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