Good Morning Islanders! Huge NEWS yesterday $$ Much more to come.
CULTIVATION LICENSE + MANUFACTURING LICENSE + DISTRIBUTION LICENSE = MEGA REVENUES!
Upside potential here is insane. This is just beginning with everything that is about to be released.
This is what I impresses me from yesterdays PR
Item 8.01. Other Information
(A) On January 17, 2018, the Company the Company received its licenses from the State of California for Cultivation for Adult Use and Medicinal Use. Currently, our entire team is in the process of planting two 2,000 square foot bays dedicated for “Adult Use” (often referred to as recreational) over the next few days and with recent adjustments and modifications that we’ve made, we’ve been able to move from 480 plants per bay to approximately 1,000. Further retrofits should eventually allow us to grow 1,600 plants per bay with each harvest.
That increases revenues by 4X with the same square footage. INSANE REVENUES NUMBERS COMING!
Expecting to hear about Distribution License, Financials, Expansion, and much more!