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Re: JohnnyCasino post# 44648

Wednesday, 07/25/2018 3:12:07 PM

Wednesday, July 25, 2018 3:12:07 PM

Post# of 65792
I believe it is but the market is unproven and the laws were just implemented in Cali and other states including Canada don’t have mandating testing. It’s still a theory or idea. Q1 results in Feb will give us a better idea for the demand and market. We know the demand for cultivation and the product but testing isn’t something cultivators want to do its an extra expense and makes growing “harder”. This has to be educated and mandated by government. The people are unaware and only focus on quickest way to pass laws. I believe this is a winner but it’s still in its infancy. Nothing changes until Feb 2019. Maybe small ups with positive revenue updates, which I expect after this month, as was done when Oregon first had testing. Also we’ve spent a lot of dilution acquiring labs that haven’t generated revenue yet, mostly in premature markets. It’s the price you pay to be first. And is the long game. They are well positioned but the market, financials, laws, etc need to catch up. Numbers don’t lie and they haven’t come out yet.