Fiore Cannabais Ltd. (FIORF)

[artweed]

LND2, you stated “Vegas 10,000 sf operation has two buildings with five harvests per year each...10 harvests per year total.” Is this true? Liht’s website states “We will alternate harvests between buildings five times per year allowing us to produce approximately 1620 pounds of dry flower.” I can see where one could interpret that as 10 total grows, but can also see where it might mean 5 total grows. If it’s 10 grows, that’s 162 pounds each grow, and double that if it’s 5 grows.

This does not change the material fact of the annual volume produced, but does change what we should expect when production is announced in February for the first grow. I get the sense that you are probably right and it IS 10 grows total. It’s just that a grow every 7 weeks, even alternating between two buildings, is counterintuitive to the growth cycle of weed (6-8 months)…but it could happen depending on the farm set-up.

We’ll get a ton more details about all this in the course of the next month…nothing to worry about, really.

Your prognostication is very interesting and aggressive. I’m not disputing anything you say except I’d be shocked if Liht can execute the way that you have suggested, especially with the building of buildings…which takes time. And Liht has, to this point, not blown me away with the speed at which they move on stuff. But what you suggest is still doable.

I would add that I get the sense that they’re not willing to let B.C. go because they seem determined to be a Canadian player. It will be interesting to see how all of the “pots on the fire” in so many different locations are managed over time.