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MCIG Likes To Play Games With Intentionally Vague Verbiage

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BubbaInSC   Friday, 10/06/17 06:26:59 AM
Re: MD-420 post# 89396
Post # of 91059 
MCIG Likes To Play Games With Intentionally Vague Verbiage

The PR was a big fluffy forward looking statement; including the vague wording about the land.

Based on that history, I would tend to agree with your assessment.

There are likely plenty of outs for that agreement that likely depends on them securing licenses in CA; which they have only "initiated".

In addition, I'd like to know the cost.

You also had the right idea about finding out more about the California requirements for MJ cultivation in CA.

Actual build-out would likely take a year AFTER receiving licensure. And, really, how much experience do they have w/ engineering an MJ cultivation site from scratch?

Does MCIG have any history of successfully operating an actual "brick and mortar" site/cultivation site? They FAILED with Snody's CO2 system and the Colorado Extraction and Cultivation Facility.

I laughed when they said "conservative $2.5 mil a month"; which likely means a lot less.....

This all could still just be baiting MJ and THC since 2015 too

I'm most worried about my feeling that MCIG really doesn't do much construction anymore. They've had a few signings that read as more consulting or staffing.

Quote:
Right. The agreement is 'to buy'. There is likely a stipulation written in. For example, if they don't get the license, they aren't obligated to buy the land. The land has not been purchased yet. Mcig does not hold the title. No where in the pr dies it say mcig has purchased the land.



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