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BeerIsGood

01/21/18 8:00 PM

#25122 RE: krk1030 #25120

from what I read they have 16k sq ft and were going to tier system so maybe up to 32k
BUT only 15k sq ft in permits. I don't understand why they would apply for less than they have growing.
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surfkast

01/21/18 9:18 PM

#25147 RE: krk1030 #25120

Pick a lie...................


On August 30, 2017, the Company agreed to acquire additional greenhouse space as part of its overall expansion plan. The Company has agreed to acquire an additional 6,000 square feet as part of its overall expansion plan which 100% will be devoted to grow space. We have announced our intention to ramp up to a minimum of 152,000 square feet of greenhouse space and this is the initial step towards that goal. The company will continue to add additional square feet in a manageable fashion. The new greenhouse space is located next to our current operations which allows the Company to leverage its current infrastructure. The Company is expecting to harvest the first crop in approximately 90 days from the new square feet.

https://www.sec.gov/Archives/edgar/data/1689066/000147793217004290/sun_8k.htm


On September 21, 2017 the company finalized and closed on an agreement to acquire an additional 32,000 square feet of cannabis grow space which includes a 2 ½ year lease with two 5-year renewal options. Initially the Company agreed to acquire an additional six thousand square feet that is within a few yards of our existing facility. These six thousand square feet was a small part of a 32,000 square foot facility. The Company has acquired the entire 32,000 square feet from the original occupants. All of it will be used for grow space. The Company will take possession of the space on October 1, 2017. Once the new space is fully developed, these two facilities combined will encompass 54,000 square feet, 42,000 of which will be strictly grow space and the remaining 12,000 will be used strictly for admin, drying, curing and trimming.


https://www.sec.gov/Archives/edgar/data/1689066/000147793217004649/sun_8k.htm