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MagicStone

05/16/15 9:34 AM

#32657 RE: WEEDWACKO #32656

It will be easy to find more renters in Washington, big revenue generating entities will want more space for growing.

The hardest part was getting licensed, this will be a cake walk to a dollar if you can bear the possible ignorance of investors keeping this down for a little while longer.
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ysung

05/16/15 9:43 AM

#32659 RE: WEEDWACKO #32656

Well said ! Not too mention 33% rise
of that $2 mil mim per year
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idump4fun

05/16/15 9:48 AM

#32661 RE: WEEDWACKO #32656

So the correct play here seems to be ride these rip and dips (there will be many more imo) as rental news comes and goes. We can then wait to see if/when feds change to schedule 2, wait to see if CGRA buys WFC, wait to see if other property in other states is used to rent to MJ cultivators, wait and see how much rent that actually is. It looks like there will be plenty of time to anticipate any bomb shells, as the only thing they can leverage in regard to MJ other than numerous "wait and sees" is a rental agreement at a couple of million (or thereabouts) and possibly future rental agreements over the course of the next year. Plenty of time to see how this one unfolds imo and take profits slowly until something concrete materializes beyond these wait and sees. Thanks for the clarification.
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HBHEAD

05/16/15 10:04 AM

#32666 RE: WEEDWACKO #32656

I agree with ur post however CGRA does not own wildfire (yet) which means yes they can lease 3 buildings for one grower under the one license, there's nothing that says they can't have multiple tenants with multiple facilities, (for example 3 different MJ companies that have 3 buildings each, that's 9 leases at more than 2 mil per building that's more than 18mil in rent, this was just an example But I hope u can see where I'm going with that, I'm hoping they can find different tenants that way they can really maximize there potential, of course the option to buy just sweetens the deal.

CGRA long and strong
GLTA