November 16, 2022
New England Cannabis Leader Drew Richards was profiled in Burns & Levinson’s CannaBusiness Advisory Spotlight Series.
Burns & Levinson’s CannaBusiness Advisory Spotlight Series
Excerpt:
[U]ncertainty makes decisions around potentially going public or finding different avenues to obtain financing complex. Equity markets are tough, interest rates are up, and debt is even more expensive after adding the cannabis risk premium. Companies should focus on generating positive cash flows from operations and manage working capital closely.
