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Re: mstur29 post# 68571

Saturday, 01/10/2015 4:30:30 PM

Saturday, January 10, 2015 4:30:30 PM

Post# of 75386
mstur29, I hope so. We were ahead of the curve with streaming, so I believed. We have announced many projects and there is absolutely no status on any of them. With many Governors and the US House of Representatives run by Republicans, I think marijuana legislation will be a low priority agenda item for the next few years. So the players will probably compete for what's happening in Colorado and Washington state. This is the time long term investors and companies will be looking at this arena and formulating policy for the future. (Foreign countries selling in this market, lobbying efforts to expand medicinal to all states, prep for legislation for recreational use in other states, interstate commerce, etc.).

Just like Las Vegas, the casino industry was poised when gambling opened in other states, whether it was to provide consulting services to the Indian Reservations, or open properties themselves.

Look at this industry in the US. I don't believe it's growing. I believe its maturing. The only thing that will grow will be the market when legislation allows it in other areas. I think our presence needs to be established now.

Good judgment comes from experience, and experience comes from bad judgment.