Well, if we're going to go that route.......
Imagine it's fall 2018...and well funded publicly traded companies are paying $26-$53MM per licensed location, whether actually open and operational, or merely the license(s) themselves, for up to 26 at a time and TRTC has at this single moment 12 different licenses in 3 states (CA, NV, NJ) pending, as well as 4 different locations currently pending (NV cultivation, Manufacturing, Carnegie, Dyer), plus many others, while the very same licenses bought own no real estate, and carry up to $6MM annual lease payments for cultivation facilities not operational, while yet more companies are purchasing Nevada cultivation facilities under 30k sq. ft. for up to $30MM, which this company paid $3.5MM for 50% as we're 2 weeks away from elections which will once again change the scope of the industry and politics of the same in the US, while the same company currently has 21 separate licenses in limbo.
Imagine a world where actual costs of property, such as commercial property taxes aren't taken into consideration when addressing lease payments.....
Imagine how values are determined and assessed following multiple sales in the industry, and how they then become applicable to other holdings and operations nationwide.....
Imagine paying $26MM (each) for a collection of under performing/non operational holdings with leases totaling more than $10MM annually, including dispensaries in leased storefronts furnished with 4 desks. ($26MM, leased storefront, 4 desks in the rented space).
Imagine purchasing a building and paying $50k in application fee's for cultivation, or submitting 4 applications for $20k each, while the market fetches $53MM asking prices for the same......
Imagine a world where people only spoke of matters they had knowledge of lol....
It's too personal to be business.
