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Re: Strathmore post# 21

Thursday, 01/17/2019 10:12:21 AM

Thursday, January 17, 2019 10:12:21 AM

Post# of 14223
Well, they haven't actually completed the building, they completed the structural but there is still a lot of work left. Then they will ask for inspections from the City. There will undoubtedly be a punch list of things that need to be changed or added to get final permits. Then they will be able to start under the terms of the various licenses. And this is if everything goes right. So we are looking at about 6 months to plant the first seed if all goes well.... And 4 months after that to harvest, again if it all goes well. My concern isn't the time frame, it's the cash burn....They absolutely will have to have another cash raise... at that point I will make the purchase decision
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