InvestorsHub Logo
Followers 3
Posts 262
Boards Moderated 0
Alias Born 10/18/2018

Re: IndustryParticipant post# 706

Sunday, 10/28/2018 1:30:06 PM

Sunday, October 28, 2018 1:30:06 PM

Post# of 5533
Enjoy reading your posts, IP. This article has a table in it that summarizes in what states some select US-based pot companies are operating (dispensaries, cultivation sites and/or extraction centers)...

https://seekingalpha.com/article/4213781-ianthus-became-top-u-s-cannabis-play-mpx-deal

I think a check mark might indicate not only existing facilities but probably also includes states where a given company may have future plans to expand into or are in the process of applying for a license.

MedMen is the only company listed in the table that has a check mark for Michigan, but so far I haven't been able to verify that they have any current exposure in that state or even any firm future plans. Was wondering if you knew whether or not MedMen really does have any current or anticipated future activity in MI?

I also found this statement in another article...

Michigan has disclosure rules that essentially preclude public cannabis companies that are licensed operators from having exposure to the Michigan market, according to 420 Investor Alan Brochstein. But some ancillary players do have exposure, and are certainly in a position to benefit from legalization in Michigan.

Assuming this statement to be true, what ramifications would that have on any publicly-traded US-based MJ company? Thanks for any info you can provide.