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Re: apdn1mill post# 55618

Saturday, 04/20/2019 5:36:10 AM

Saturday, April 20, 2019 5:36:10 AM

Post# of 58983
Still expecting the $5Mill, $10Mill! If the distributed payments can be lumped into one quarter is another matter.

Four months kind of stretches that quarterly GENERALLY ACCEPTED TIME PERIOD (GATP) marker (90 days or 3 months). But our imaginative GAAP€* book keeping methods (**Generally Accepted Accounting Practices) may pull it off{go Beth go;}.

Dunno. Doesn't seem like we have ANYTHING to be included in 2019 second quarter. Legitimate reason to be floundering at our present PPS (IMHO).

Worrisome there. On competiton comparisons. None of the DNA PCR processors for tagging seem to be making much headway. Safetraces out in California got a butt load of funding over a year ago. Nothing else really reported since.

Here's some data on Franwell's coverage of stateside cannabis tracking. These guys own the U.S. market.

Colorado retains Franwell’s Metrc as cannabis seed-to-sale tracking system
Published January 26, 2018

Colorado marijuana regulators have chosen to continue the contract with Metrc for the state’s seed-to-sale tracking system.

According to the Denver Post, Colorado’s Department of Revenue plans to add three years to its contract with Franwell, the Florida-based company that developed Metric.
Here’s what you need to know:

Colorado has used Metrc since 2011.
The company created the first state vendor cannabis tracking system for Colorado’s medical marijuana market.
Metrc’s new contract will begin Nov. 1 at a cost of $213,000 for the first year and then $71,000 for each additional year.
So far, Colorado has paid Franwell almost $900,000 to use its system.
Massachusetts selected Metrc for its state seed-to-sale tracking system earlier this month.
Metrc is also the state traceability system in Alaska, California, Maryland, Michigan, Montana, Nevada, Ohio and Oregon.

© 2012-2019 by Marijuana Business Daily, a division of Anne Holland Ventures, Inc.

We got a shot with Israeli and international pot. Hopeful. Our surge out of the bowels of Hell in March languishing now as we wait on Knesset (Israeli Parliament) to reconvene (April 25th) and their legislative debate schedule to be established and listing pot/cannabis regulations.

Sucks to be us:).

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