Cresco Labs Inc (CRLBF)

[RangerPete]

I need to write clearer these days. Funman is correct.

Buying six licenses with only one open dispensary and minimum grow is nuts. Rule of thumb, each dispensary requires approximately 12-13,000 sf of grow and production space to keep it fully stocked 97% of the time. The missing three percent usually goes to waste in production runs for oils, etc.

As Funman stated it’s only the tip of the iceberg in costs. A normal dispensary requires an investment of 1.2-million before it opens their door. And in many cases that is low. As for grow and production square footage that runs about $225/sf to build and bring into production.

It’s not a shoe string operation by any means.