No , I just used common sense to figure out that SGBY cant afford to buy labs with market share in CA and will be crushed by their competition if they try to build them out .

You know , like the same reason nobody will touch them with traditional financing and the reason why they had to go public in the first place .

You can believe whatever you would like , I'm tired of trying to explain things to someone who lives thousands of miles away and relies on paid promotions and news articles to form his opinion of something rather than listen to someone involved .

They will not need to , CA is the cannabis sleeping giant waiting to be let off its leash . It will be financed by billionaires and absolutely dominate the cannabis industry if allowed too .

SGBY can't afford to buy any labs that have market share in CA , plain and simple . The labs in CA that are the real players are worth far more than SGBY . SGBY is an Oregon testing company with a token lab in Yuba that serves no major market . If the Yuba lab was putting up numbers we would have seen them .

How would SGBY be able to buy labs that are worth far more than SGBY ? What would these labs need SGBY for ? Not going to happen .....

I think it is simple , they can't afford to buy out any lab with value and market share in CA and any lab they tried to start up would be crushed by the existing labs . People here are greatly underestimating the competition in the largest cannabis marketplace on the planet , CA is not Oregon .

Right .... old Willy is going to come riding in on his pony and teach companies like Steep Hill and SC Labs how to do it .... got ya !

IMHO , I would say that they would be up against competition that is much better financed and already established in the testing markets . Anything can happen but it would be safe to say that they are the long shot underdog . My point about the situation in CA is that people here talk like SGBY has established themselves and operate in major cannabis markets , they do not . All anyone has to do is jump on weedmaps and look at what testing companies are being used by the dispensaries to confirm this .

"Read the news out of California. Pesticide laden weed is a major issue. Call it pumping or whatever you want. It's reality. The question is can SGBY capitalize on the opportunity. It's staring them in the face "


Seeing as though SGBY has next to no presence in CA and can't afford to buy their way into any major market in CA , I would call it pumping . SGBY is not a player in CA no matter what lies get thrown around on this board .

"Seems to me that a company with the revenues of SGBY and the employees of SGBY, could have the H&R Block accountant in the local Walmart handle it for $19.95 and be done with it."

Holy shit , this needs to be a sticky ! Well done , Sir .

Looking at weedmaps would be DD ....... It is all there for everyone to see .
You have made your points and I have made mine , we can look back in the future and see who was wrong and who was manipulating the truth for their own personal gain .

And they still can't cover their expenses so guess what that means ? More dilution .......

An account could be one customer getting one test done ....... that is the truth . You are misleading people for your own personal gains , that is wrong . If you want to pump the Yuba lab show the people what dispensaries are using this lab .

Well it should be pretty easy for you to put a list together of all these dispensaries using the Yuba lab right ? All you need to do is go to weedmaps . Don't try to convince me with recycled PR , lets see what dispensaries are using them .


OK , I'm leaving .... good luck to everyone .

Go to weedmaps for Sacramento and compile a list of what testing labs are used by each dispensary . It will paint you a picture of the truth . GLTA , I'm moving on ...

Believe what you want , I've already sold and moved on . It just bothers me to see people being mislead by other people's greed .

Why don't you compose a list of dispensaries in Sacramento who use this lab ? It would be a very small list considering Sequoia labs and now SC labs are in that area and dominate the market . Why would anyone drive past Sequoia labs or SC labs to go to a lab nobody outside of Yuba has ever heard of ?

Alright , I'm done . You guys can believe what you want but I'm tired of people being mislead to believe that SGBY is a player in the CA market when they absolutely are not . Misleading people for profit is morally bankrupt . GLTA

Basically none because Yuba is nothing more than a token lab that serves no major market and does so little business SGBY doesn't even publish their numbers .

Publicly traded companies ? Come on man , how about the private companies who pioneered the whole industry ? These are the companies who dominate the CA market and are the reason why SGBY can't enter any meaningful market in CA . Being public or private in no way changes the fact that SGBY has very little chance to compete against them .

And yet again you deflect my comment and try to change the talking point .


I would be willing to bet that you would be pretty disappointed to see the numbers from Yuba , not that SGBY would want to show us those numbers because then we would all see that it is a lab in the middle of nowhere that serves a very small market . There was a very good reason it was so cheap .

SGBY is late to the party , plain and simple . The competition has had decades to operate in the gray and black markets to build capital , create networking chains and acquire market share . It will be pretty tough for a small start up group with virtually no experience , networking or capital to walk in and take over the market . There is a ton of money in CA and if you don't have money you are not playing ball in the big leagues .

"I firmly believe we got lucky with Yuba"

Lets see the numbers for just the Yuba lab .

I don't believe they are able to afford labs in CA or we would have already seen more buyouts . The labs in CA that control the market share are owned and backed by huge amounts of capital . CA is not Oregon . IMHO of course .

I did not specifically point to any one lab , just pointing out that not all of their labs are certified to test for pesticides .

"It appears one wants to find fault..........IMHO"


Not at all , I entered a position here very optimistic and with an unbiased opinion . It just happens that there are many , many faults to be found and I don't believe manipulating the truth to make a buck is very ethical .

Are all evio labs certified to test for pesticides ? Do they contract out any of their testing to non evio labs ?

Shouldn't SGBY own a bunch of labs in CA by now according to their own timetable ? Why hasn't SGBY been able to enter any meaningful marketplace in CA ? Why are they not able to buyout labs and dominate the market like they did in Oregon ? Answer these questions without your usual deflection and attempts to change the point .

Well except for the pesticide tests which still has to go to another lab ......... I bet that farm can cover their expenses and has more assets than just goodwill .

I did not call for .005 , I said it has a better chance of seeing .005 than .05 as things stand . How is that time table for the CA expansion going ?

I would say it has a better chance of hitting .005 than .05 as things stand . They can't cover their expenses without more dilution , the only assets they have is goodwill , they have absolutely failed to get a foothold in CA other than a little lab in the middle of nowhere and have zero chance of buying the bigger established labs that own the REAL market share . So yes , .005 is far more realistic than .05 right now and at the current pps and trend I dont really see it being much of a debate .

Too bad we can't invest in that Will ?

Goodwill is not worth .05 a share and that's all SGBY has on the books .

All I see is a courier pickup schedule and nothing indicating how much business they are doing . Maybe you can show us the numbers from the Yuba city Lab ?

There was talk of news and events being backed up due to late filings , I guess we can rule that out ....

You would expect after all this time they would have some news backed up to release informing the public what's been going on . Surely they haven't been doing nothing ?

Well they can't cover their expenses yet and the only assets they have on their books is goodwill which I imagine will lead to more dilution with or without expansion . Volume is going up and the pps has gone up on the brightside . It's hard for me to judge what will happen , I like the potential and my auditor/accountant advisor hates the thing . I'm on the fence holding for now .