Wednesday, March 04, 2020 11:06:41 PM
The name was changed to move away from the mess MRPHF was in. Changing bad management and or staff...as many times as needed to get it right. You don't stop changing management or staff because there is a predetermined number of staff changes. Change until you get it right. There have been many management changes in the industry...and there will be many more. When big money gets involved...they will change a companies people too...as Bruce Linton found out...when he signed up for $5 billion dollars....from Constellation.
I have said that for a long time...Vegas is our strongest asset. But I have posted about the bad state that FLOOF is in. They have a 400,000 sf built out facility...that alone did not cause them to win the race. It needs to be done properly with quality cannabis....and without a lot of debt.
That is your opinion. I think new management will get financing. I believe they have been more successful in business than Howard. Has anyone found any bad reports...lawsuits or other issues...on the Internet...? I have not. That is why I think things will get better. We are sitting on a very large pile of licenses in Nevada.
In my state there have been 850 appeals over the way medical cannabis licenses were issued. Within hours of issuing licenses ...the appeals started. The value of already having licenses...can not be underestimated. Every state there are fights over licenses. It is far easier and quicker....to buy a license than have to fight over them. That makes our licenses in Nevada...something other companies would want.
As far as financing....I did think Nilda would make that happen. The industry and Howard...changed that. New management can't be judged on the past performance of people....none of which are here any longer.
With new management and past management gone...there is plenty of reason to believe things will be different.
GLTA
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