Replies to post #38607 on Sunset Island Group Inc (SIGO)

[emit]

Other cannabis companies are having no trouble filing.
They can't fall-back on it's because it's an 'all-cash-business'
much longer.

gona mess around get temp-suspension.


emit...

[loanranger]

"They said they filed Annual license on April 24th. That had to have a lot of the SEC data support IMO for the estimate of profits/revenue."
FWIW SEC filings don't require and don't typically include estimates of profits and revenues.

I've seen a number of references to a requirement for an "estimate of profits/revenue" in the Annual License application(s) but the guidelines for the Mfg License (already filed) and the Cultivation License Application Form itself don't seem to require it:
https://www.cdph.ca.gov/Programs/CEH/DFDCS/MCSB/CDPH%20Document%20Library/AnnualApp_Checklist.pdf
https://www.cdph.ca.gov/Programs/CEH/DFDCS/MCSB/CDPH%20Document%20Library/AnnualApp_DocsGuide.pdf
https://static.cdfa.ca.gov/MCCP/document/Annual%20Cultivation%20License%20Application%20with%20Instructions.pdf

What lead you to the belief that an estimate of profits/revenue is required? What license is it required for?