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Wednesday, March 20, 2019 11:13:21 AM
Acquiring licenses now for future buildout of DPWW locations once cannabis is legal, how they plan to finance their plans and pay off any outstanding notes, etc.,.
If you look at the presentation MedMen put together, it is a true investors presentation with specifics that allow investors to know what they are investing towards. DPWW's timeline on the website doesn't accomplish that goal. I couldn't tell you what they are truly working to accomplish this quarter, next quarter, etc,.
I thought the new store was to be open now. They should send out a social media post and utilize that medium for basic shareholder communication when a PR/8k is not warranted.
My gut says they have some things in the hopper just waiting for cannabis rules to change to move forward in an expeditious fashion; however, if you want to sell shares, you need folks to understand what you are working to accomplish, how you plan to get their with specific target dates that are specific, measurable, achievable and consistent with organization objectives. That SMAC principle is key to any organizations success, let alone DPWW.
Enjoy the day.
CF
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