Monday, December 18, 2017 5:18:37 AM
From what I can gather, FUTL has some sort of licenses in place. They must, to be so public with their large scale growing endeavors.
Licenses can be acquired and permits can be obtained. That's why currently operating can put FUTL a step ahead of any new "start-ups". They are already in position and have experience legally growing. They must have a lawyer involved and they must know what is required to maintain legal status. If not, than I would agree with you that this is a very precarious position.
Sure it's risky. Yes they could loose their land rights, permits, or legal status. I might loose my money investing in FUTL. That's why I only put in money I am willing to loose. OTC's are all risky but some will win big. I'm not missing out on an economic event of this nature. I missed out on MJ 2014 and think MJ 2018 will be even more interesting. I don't feel like I have a chance to become a commercial grower, so why not invest in one instead?
All I know is the whole process is far more difficult than it appears. It is not easy to produce commercial grade flowers, legally, in large scale. Not a simpleton's game. Indoors gets even more costly and technical, trust me. FUTL is currently doing it and I'm betting it succeeds. Patiently waiting...$FUTL.
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