As I said before..removal of the YIELD/STOP sign will be seen as cause for celebration among some. IMO it will likely be short lived as I don't expect Q1 will be anything to write home about. Add to that the fact that Alper will apparently not be posting Q2 (the new fiscal "Year End") as just promised on June 12th.
The whole Virginia Mall MMJ consulting project isn't a sure thing at this point. As far as I can tell a company (Par Investments) bought the old mall and is willing to set aside 80k sq' for a MMJ operation pending their being granted a license. The rest of the mall will be offered to industrial type uses. The MMJ applicant (Dharma Pharmaceuticals) is apparently fronted a guy (i.e. a "principal" with Dharma) who runs the only pharmacy in that small town (population 17,835). The citizens and town council are gung ho about potential return of jobs and taxes. The fact that the local pharmacist --whom everyone in town surely knows-- was making the pitches didn't hurt. What exactly his involvement in Dharma Pharmaceuticals is is not clear-- as is who and where they are exactly. The Dharma website gives no clues. I'm not sure if that's because they are peddlers of anabolic steroids and performance enhancing substances which are banned or illegal in most sports.
I also find it odd, though, that the President of Par Investments was suddenly and unceremoniously given the boot by his uncle (the owner). He claimed he resigned for the usual "personal reasons" but, considering the timing and other statements in the news report, that sounds less than genuine.
I also find it odd that Josh Alper or Cann10 hasn't been mentioned in any of the subsequent news reports since May 25th. Alper was quoted more than anyone else in that first article. Nothing since though. I'm curious if he provided the slide show and talking points for the pharmacist.
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