Conferences talk cash crunch, nonequity financing for ACRG, good news at HBOR, bad news at HEXO

Capital is tight in the industry, but there is incremental capital on the sidelines from new investors waiting to enter.

Capital is shifting to focus on?profitable business models – either positive EBITDA today or a clear path to positive EBITDA with the deployment of incremental capital – and it is shifting to nonequity sources.

Those are the key takeaways from the two cannabis conferences that Craig and I attended this week, the IC3 Conference in NYC and the Benzinga Cannabis conference in Chicago.

Sale-leaseback for Acreage via GreenAcres raises cash and cash costs

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