Pintus,
I share your belief in FITX and what they're trying to do. I am a shareholder, and frankly, I've invested more money than I can really afford to into this company with the hopes that it does what it wants to do, and that I can make a reasonable return on my investment.
However, Rolph is correct. And so are you. The town welcomed the company and knew what it wanted to do. The company has the correct permits to build exactly what they're building- a large storage facility. Building two actually isn't even that important at the moment, its really just a backdrop (albeit a BEAUTIFUL backdrop). It's the outfitting of building one that is of utmost importance to the company right now, because that is the building where the vault is housed, and where the company would initiate the planting of a first crop, assuming a license is secured from HC.
Rolph does know what he is talking about, though. He has been providing this board with exceptional, first rate DD and excellent objectivity for some time now (though he does take a lot of heat for it). I hate that he's right, but letting it bother me doesn't make my investment any fatter. The town gave the "thumbs up," as you said, for the company to initiate its plans, and that thumbs up boils down to, "Oh, you want to grow pot out there? Hmmm. Provide jobs? Hmmm... Well, sure, you can build a big ass storage facility on that land if you want to." The important thing here is "boils down to". The company has permits to build a building, not build a marijuana-growing operation. THAT permit can only come from HC, and the town has nothing to do with it. BUT, HC requires that any licensed grower be in full compliance with local zoning laws. Right now FITX can build a big ass building if it wants to - it has permits to do so. If FITX obtains a license from HC and wants to use building two for something like growing X number of pounds of marijuana, and intends to use more than 6,000 square feet of space in the growing, processing, and packaging of the medicine, and/or have more than five employees working at any one time, OR if FITX wants to use more than that much space in building one, with more than five employees at any one time, or both, then the company will have to apply for a zoning change. The current zoning allows an agricultural product to be grown and processed into a retail product on sight, with up to 6,000 s.f. of space utilized and allowing for up to five employees on site. Thus, as you say, every post that is put in the ground is in accordance with the obtained building permits and with the zoning. The town inspectors being on sight to look over the workers' shoulders and double check the blue prints is to make sure that the construction that is permitted is occurring according to standards. That does not mean that the town inspectors are there to make sure that the construction of building two or the outfitting of building one is being done in such a manner as to provide a pristine environment for growing pot. Yes, I believe you are right, the company would not have invested so much money into this project if they did not believe that they would be successful in their endeavors, and I REALLY hope that they will be, as it means a substantial financial gain for me (I am FITX LONG). But the project has not been shut down because the construction of what, at this point, amounts to a big ass storage facility, is going according to the blue prints and the permits - how the building is used is another matter. Eventually, this most likely won't matter, especially if FITX is awarded a license. Having a license will enable them to be able to hire locals to work for them, and the town needs that, so zoning most likely will be a moot point. However, Rolph is correct - utilizing any more than the 6,000 s.f. allotted by the current zoning classification will require a rezoning, or some kind of special circumstance clause on the current zoning. AND this will take some time ONCE the company submits an application or proposal or whatever is that the damn council wants or needs. The town council knows it, and so does the company. All will work out well in the end. And whatever his motives are, Rolph has not been posting misleading information.
AI
