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Re: Future2016 post# 10029

Friday, 03/12/2021 10:33:44 PM

Friday, March 12, 2021 10:33:44 PM

Post# of 21300
Future, I am glad you said it. I started typing something earlier and got called into a meeting so I never got around to finishing my comment. I am inclined to agree with you. I know every man/company has their price, but the foundation of the company is built on the backs of Ruden, Haupt and Parco. They are (relatively young) industry forefathers. Sure they could sell out an reap the fruits of their labor...but they are hustlers...ganjapreneurs. This is their space! I have a hard time picturing them wanting to sell off what they have all worked so hard, and so long, to obtain. Then you have Dye, who could eventually move on...but then again I am not sure. He brought in his team for a reason...and not just the finance and due diligence side, but the IT side. In a time where other MSOs are fighting to gobble up licenses and/or companies, in their US land grab (kinda like the Canadian LPs did in 2018/2019 with their cultivation sqft land grab), he is focusing on growth and streamlining IT infrastructure across the entire company...in addition to focusing on scalability and streamling...in a state with well established rules/regulations/taxes/pricing. These are all things that we take for granted, because it seems like common sense...however these arent things you hear talked about as "concerns" for the major MSOs. They are just focused on revenue and capital. Not only are the MSOs burning cash making these 'land grab' moves they are eventually going to need streamline and sync up their businesses/acquisitions. Sounds expensive, not to mention extremely time consuming, and they are doing it based off of national hype while both the federal and (a majority of the) state levels are still battling a huge "gray area".
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