Licenses for MA & Associates (MA Analytics) - PZOO
Marijuana Testing Facility (Recreational Lab): #P65-00130
Independent Testing Laboratory: #M66-00008
Clinic or Laboratory: #G66-01027
Nevada Business ID: #NV20131503555
LETS PUT THIS IN PERSPECTIVE...
PZOO is not a dispensary. They are a testing lab that growers must use according to State law and they were licensed to test both Medical and Recreational marijuana! Nevada has licensed 9 marijuana testing labs & 4 were suspended. The State also put a hold on licensing any new labs. So the Market Share for PZOO will only get bigger while simultaneously seeing no growth in competition. Best conditions ever!!!
PZOO has a new owner, new CEO and a new Board of Directors. Since they washed themselves of the old regime, they secured a permanent residence in Las Vegas, bought additional equipment and secured a testing license that is highly accepted by many as one of Nevada’s most difficult licenses to achieve due to the diligent and rigorous standards the State has rightfully adopted. Additionally, not one insider or employee has converted any preferred shares since they were awarded their license. In fact, most of the owner’s preferred shares can’t even be converted because they have a maturity date that is well into the future. Finally, the company canceled the increase in Authorized shares so they remain at 3 billion today. Hence, no more dilution for now as the convertible note holders are gone and we are seeing all retail trades.
