InvestorsHub Logo
Followers 147
Posts 3630
Boards Moderated 1
Alias Born 12/21/2009

Re: meedsone post# 68947

Friday, 05/02/2014 5:30:39 PM

Friday, May 02, 2014 5:30:39 PM

Post# of 79352
The Aurora location is currently Suzie Q's dispensary -not-for-profit.

Puget Power LLC is in the process of applying and complying with the state for a Tier 1 production license. (Also based out of the Aurora location)

The Aurora location will be turned into Puget grow facility only (Max 2000 sq feet if I remember correctly).

Suzie Q's will be marketed on a larger scale by moving into 5-6 locations across Seattle area for (currently) medical marijuana only.

Primco has deals in place with Lano LLC, and Alon LLC which are located just outside of Seattle with 5 acres each. They are each applying for 3 Tier 3 producer licenses, a total of 6. All the deals are based on the actual licensing. It has a massive use for shareholder value seeing as they will be making the money on the producing side, they will have all the visibility to sell through the dispensaries, so they can sell all they grow, and they can supply their own dispensaries. There will be no break in the chain...from producing to selling. Brilliant!

Sure, medical dispensaries are non-profit, but if Primco is producing their own MJ, the money is in the producing and they can distribute it through the Suzie Q locations.



Hope that clears it all up.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.