Thursday, March 04, 2021 12:16:50 PM
I agree with that. The financing and dilution doesn’t sit right with me.
Also, if their plan is to develop 300,000sq/ft of cultivation and production space...why aren’t they making any moves?! They’re sitting on 17 licenses with nothing to show for it. If they want to expand without having to raise so much capital, why don’t they use the services of a company like Innovative Industrial Properties? Companies like Trulieve, curaleaf, Green Thumb, Cresco and others are using their services and thriving.
Also, if their plan is to develop 300,000sq/ft of cultivation and production space...why aren’t they making any moves?! They’re sitting on 17 licenses with nothing to show for it. If they want to expand without having to raise so much capital, why don’t they use the services of a company like Innovative Industrial Properties? Companies like Trulieve, curaleaf, Green Thumb, Cresco and others are using their services and thriving.
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