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Re: Hooparena post# 15334

Monday, 01/24/2022 5:01:41 PM

Monday, January 24, 2022 5:01:41 PM

Post# of 21245
Hoop, Thanks for the clarification. Your detailed thoughts/rationale makes a lot more sense than the previous. Knowing that Dye wants to be a regional player, and because Starbuds already exists, Oklahoma could be the next move. Obviously I am more for a cautious, methodological, approach...mostly because I still think cannabis is so early in the process, so time is on our side, and therefore there is no real need to stretch the company too thin. I just hear that the OK landscape is oversaturated right now and products are cheap (which could play into your border hopping comment). I doubt that Arizona is in the picture. From what I understand all the current licenses are tapped out, therefore it is pay (HUGE) to play. Also, it's doubtful to be Utah because (I read), as of this past July, they moved their medical cannabis retail model to distribution through pharmacies. Not saying that SHWZ couldnt acquire one of the (very) limited cultivation licenses, I ruled it out because the company wouldnt necessarily be vertically integrated in that state...and it also doesnt play into the 'go-deep' strategy. Kansas seemed interesting due to population and bordering Missouri (double the population of KS), up until a week ago, when (I read) legislation was moved out of committee and therefore jeopardizing the medical side in the state. Thanks for the conversation.
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