But FITX/CEN wont be part of it, because they will NEVER receive a license to produce medical cannabis in Canada and if by some miracle they did....
Who would buy it from them? They obviously know nothing about growing marijuana and even less about medical marijuana. They have an empty pole barn and a mountain of debt. They have a reputation and its not good. MMJ is a small community. Word travels fast. Bill helped them gain the publicity and the reputation.
But let's assume they get past judicial review. At a minimum, they would still have to get around local zoning issues. Those don't go away just because some judge tells HC to issue a license. So it might take them another 1-3 years to get a fully operational licensed and locally approved facility. The burn rate for "expenses" is $1 million a month. With no observable income that would add another $12-$36 million to the pile of debt and you would still be looking at an empty pole barn, a bad reputation, a mountain of debt, and a company that doesn't know much (if anything) about medical cannabis. And let's not forget BILLIONS of shares in the float.
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