Trouble with these articles and this board,is everyone talking this up as the biggest cannabis grow in the country, when the ceo has stated repeatedly that they won't run afoul of federal law. Which I take it means they won't grow cannabis till those laws are changed,which your guess is as good as mine as to when that will happen. This could be a long,long waiting game if your basing your investment on cannabis production. I can only assume by the mentions of giant Canadian cannabis companies that this is the case. Nobody here seems to be talking about the many other medicinal plants that will be the real focus untill federal laws change.
I sure wish they would have had the forsight for a merger before releasing all these articles stating expected completion dates. If they thought it would take 27 to 30 months to build out then can we assume that time table will remain the same once it all gets started?
I will email Jude Sullivan and ask about the eb-5 investors as to whether or not they will be given shares or an equity position in gncc. I sincerely hope so as I'd rather these foreign investors have an interest in recouping their investment going forward than just getting citizenship out of the deal.
According to one of the articles I posted ,one need only employ ten people for two years in an economically depressed area to qualify for this program if I'm correct.
Now this is totally speculation but what if after two years the focus changes and the giant greenhouse complex never materializes, could it be that only the revamp of the existing structure needs to go forward to satisfy the requirements of the eb-5 program ?
Could one then legally walk away with all that loot garnered from the forigen investors ? I'm not saying that this is what's going to happen . What Ill be asking Jude is if it is in the realm of being legally possible. Glta
