Friday, November 27, 2015 8:17:46 PM
Let's look at something new The Cannaplex
"The initiative defines “a public place” as “an area to which the public is invited or in which the public is permitted regardless of age,” which suggests that age-restricted, private establishments (like clubs or lounges) could allow cannabis consumption on their premises. We can see it now — a marijuana lounge at The Wynn, maybe right next to The Buffet."
http://www.cannalawblog.com/nevada-recreational-marijuana-coming-soon-by-initiative/
For a broader perspective:
"On November 20, Alaska’s Marijuana Control Board voted to allow consumption of marijuana at licensed retail stores."
http://www.cannalawblog.com/marijuana-bars-coming-soon-to-alaska-this-is-h-u-g-e/
From the 10Q:
Effective October 1, 2015 we entered into a 3-year Consulting Agreement (the “Consulting Agreement”) with Steven Trenk (the “Consultant”) pursuant to which Consultant will assist us in the development of our Cannaplex project. The Cannaplex project involves the syndication of an 80% interest in the physical property owned by Consultant and leased to us for purposes of cultivating marijuana to be used for medical purposes and creating a center for related professional and/or entertainment services. Consultant will assist with arranging for third-party financing needed for such syndication.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11020736
Stagnation and struggle will kill a company, from all angles. Winners have eyes to the future, and in a legal Las Vegas landscape, it is fulfilling mans appetite with convenience and grandeur. The dispensary model should make more sense now.
http://www.lizadacapital.com
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