Adam Wilks Says Carma Itself We're Not Raising Capital, We're Cashflow Positive
Portfolio Pulse from Benzinga Newsdesk
Adam Wilks, from Carma, stated that the company is not seeking to raise capital as it is cashflow positive. The announcement was made in the context of the Cannabis Capital Conference, which is available live for existing subscribers and offers instant access for new users.
April 17, 2024 | 7:52 pm
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POSITIVE IMPACT
MSOS, likely mentioned in relation to the Cannabis Capital Conference, may see indirect impact due to positive sentiment around the cannabis sector's financial health.
While MSOS is not directly involved in the news, as an ETF that tracks the cannabis sector, positive financial news from a company within the sector can lead to increased investor confidence and potentially uplift the sector's stocks, including those within MSOS.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50