StockLogistics
2 years ago
Too much debt too many shares :
โAs of September 30, 2022, current assets were $355 million, including cash and cash equivalents of $130 million. The Company had working capital of $85 million and senior secured term loan debt, net of discount and issuance costs, of $380 million.Total shares on a fully converted basis were 437,484,245 as of September 30, 2022.โ
Ronin
2 years ago
Which bill? Which committee?
I just read where Schumer's bill got shot down in Senate but they have another in the wings before the upcoming election that has bipartisan agreement to allow pharmas to expand research on marijuana
https://www.marijuanamoment.net/schumer-touts-senate-marijuana-research-bill-among-historic-progress-under-biden-as-legalization-measure-lingers/
According to Sen. Cory Booker (D-NJ), a prime sponsor of CAOA, recently said that the so-called โSAFE Banking Plusโ bill thatโs in the works would likely be filed following the elections during the lame duck session.
In the meantime, Senate Democrats have the bipartisan marijuana research bill as the main example of cannabis reform progress since President Joe Biden took office and Democrats reclaimed the majority in the Senate.
That specific legislation hasnโt been enacted into law, though. But there are hopes that a slightly revised version that was introduced last month could reach the presidentโs desk in due time. It already cleared the House just days after its filing, and sources say the Senate is expected to act shortly.