Bots Inc (BTZI)

[lesgetrich]

The first quote says...

The extremely competitive licensing procedure of California City took in over 300 applications, awarding only 16 licenses at this time, 3 of which belong to MCIG.

The second quote says...

MCIG has begun the planning of an indoor cultivation facility to produce high quality, "California-Style" cannabis products after receiving three of the seven recreational cannabis licenses granted by California City allowing cultivation, manufacturing, and distribution.

The way I interpret it, the city awarded a total of 16 licenses on April 30 and mCig got one each for cultivation, manufacturing and distribution. Some of the applicants may have had incomplete applications for additional licenses for either cultivation, manufacturing and/or distribution. These additional licenses could have been granted by the time of the second PR on May 31. Thus by May 31, there were seven applicants that had been granted licenses for all three cannabis operations.