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Re: TenKay post# 1484

Thursday, 01/05/2017 3:49:21 PM

Thursday, January 05, 2017 3:49:21 PM

Post# of 44770
Somebody will want in on the medical mj cashflow. Great margins in that business, if you get a license from the state. you now have a subsidized business. They appear to have the land, the grow expertise, now they need to get 1 mill financing and a license. We shall see. But who wants to sink 1 mill into a hardware contractor? Not many. Plenty of people will pony up 1 mill for a grow op coupled with a dispensary business model, chump change. The guy who gave them the last loan, Rifici, he has made tens of millions in the Canadian grow space with companies like Canopy, Aurora and Supreme. If INQD getsa license my guess is he will put up another million to back up his first investment. My guess is he is advising them. When he cashed out of Canopy for millions he said he was moving much of that $ to the US market
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