Maybe I am missing something when reading these
"Also in August, the Company earned a five-year contract with Curaleaf Holdings Inc. for its "Sweet Virginia" grow facility in Phoenix. The agreement has 3 (three) additional five-year terms."
What exactly does that mean?
Is AG locked into a 5 year wholesale contract with curaleaf?
Or is AG managing 2 of there other curaleafs grows that are already up and running?
Then 3 additional 5 year contracts, how is this even worth mentioning, AG will sell before then, most of the owners are over 57, 20 years seriously? locked in on a 5 year price?
So AG can not open a dispensary and actually start making bank?
Weeds cheap wholesale weed even cheaper, retails where its at..
Has anyone been to Curaleafs website and seen what they have going on 22 cultivation sites, 100 dispensaries, 23 states 30 processing sites and looking to hire over 200 people in many prominent positions..
Curaleafs stock was @11.98 day of announcement and now 7.72..
Why would they get involved with AG at all, AG has a terrible reputation and Lied there way to sound like a giant and stole the light from dozens of deserving Companies yapping about being 2nd traded company, With Stephen S talking circles turning the media into a Circus using his deep rooted narcissist skills boasting about what again, what accomplishments? 1st to deceive people..
They did nothing but hurt the industry, scared away would be investors gave others a bad taste of this up and coming industry with all lies and and ridiculous ones (2k or 5k people to live in Nipton etc LMAO)and still at it.
I actually feel bad for Curaleaf why would they partner up unless AG has over promised x's 10 and is drooling seeing BlackRock as a investor and are just piggy backing hoping to clean name up a little..
None of these press releases or the cheerleading really makes sense or is even truth half> the time
.
This is a good one:
"We have identified the state of Nevada as a great opportunity to expand our cannabis operations due to its recreational cannabis status and its proximity to our current business in Arizona. We have already started our due diligence and are excited about the possibility of expanding our cannabis management footprint into Nevada this year."
Vegas market has been around for 6 years, what was Identified that the millions that didn't end up with Roxanne the or the $$$ that paid salaries for, for what? $$'s could have quadrupled by now if used appropriately.. I imagine a million has been spent on lawyers just to keep ticker alive. Others allready retired before a single harvest.
I don't get why this even allowed to go on still..
