Friday, April 13, 2018 8:53:59 PM
... and most everything LVVV has claimed they would get done, has been...
When will EAPH make their first dollar?! It will be a loooooong time. Its cold up there, growers have to build significant facilities and get all kinds of approvals. The diution would be massive!
LVVV and EAPH are close to the same valuation, which one would i rather own for the upcoming MJ explosion? LVVV is VERY close to making A LOT of $$$, in an even bigger MJ market than Canada...
... and very few growers in Cali have a license. There are MAJOR shortages and it wont improve for years, per all the reports. Due to the regulations. LVVV is in a PRIME situation... There is no other Cali MJ tickers setup like this. Its a must own ticker imo...
Growers are being removed from the legal market by the thousands...
Here's Why Most California Cannabis Cultivators Don't Have Licenses
February 23, 2018
https://www.greenmarketreport.com/heres-california-cannabis-cultivators-dont-licenses/
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Local Policy
Local cannabis regulations in California is, to say the least, a hodgepodge of conflicting rules passed by municipalities struggling to understand the legal cannabis market. As of February 2018, only 13 out of 58 California counties have passed laws allowing commercial cannabis activities
Six counties are likely to pass ordinances in the new future, while 14 more counties are currently studying the issue. Nearly half of California counties (25) have already passed bans on commercial cannabis activity.
Of those counties that have actually passed ordinances allowing cannabis activity, many have implemented caps on the number cannabis business permits available. For example, Trinity County only has 500 available cannabis business permits despite having more than 4,000 cultivators operating in the area.
Similarly, local zoning ordinances have made it increasingly difficult for cultivators. In Sonoma County, for example, a local ban on rural residential and agricultural residential areas have helped to exclude over 3000 cannabis cultivators from the market.
Likewise, in urban areas, many zoning ordinances have left cannabis businesses huddled in small business districts; which in turn have helped spike local real estate prices, thus further making it difficult for small-scale cannabis cultivators.
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