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Friday, July 19, 2019 10:27:14 AM
The bet on $GCGX is only how many million dollars of revenues will be booked in 2019. Primarily the bet is based on obtaining the Certificate of Occupancy, which allows the Cannabis Mall to operate and distribute, Indulge Oils to begin manufacturing operations, and the Half-Baked JV with $NGTF to move forward.
If the Certificate of Occupancy is granted on / around 08/15/2019 as indicated, its quite possible revenues from the above operations will be reflected in the 3Q2019 report. LEt's put it this way: 08/15 - 09/30 gives six weeks to move from granting of the CO into some kind of revenue generating activity in the current Quarter.
The paradox of iHub: buy high, sell low
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