InvestorsHub Logo
icon url

BubbaInSC

09/04/18 5:56 PM

#46315 RE: GMason #46314

Another MJ Cultivation Site Acquisition would do the trick.

But unlikely. News of actual issuance of California State cultivation, production, distribution, dispensing licenses won't occur until December 2018.

So, maybe another move in November with the rest of the canadian MJ sector(?)


Not sure what news could come out to make this jump up again but was expecting to see a U.S. sector run with Canada. Seems like the U.S. is lagging on the breakout. Maybe this will drop back to mid .04’s or lower before the 3rd Q financials come out, which should help.

Dispensaries get announced no later than Dec 5th so that could definitely impact sp. Read that once licensed you have to be in business within a year and we all know how these guys are with delays. They really need to get it right if awarded any. Hopefully they chose locations with a pre-existing structure to be used. I believe the review board would be more likely to award a property quickly converted vs. a complete build out especially from a group with a track record of moving slow on build outs. What it’s almost year 3 on the Vegas location and still only 25% complete.

icon url

mc73

09/05/18 4:10 AM

#46317 RE: GMason #46314

There was a sector run and Jeff Sessions killed it when he rescinded the Cole memo. Dont any of you remember that? Another sector run is possible when DEA reschedules CBD. That wont affect THC...will need law to change for that and it will be a long while.

So get comfy and hope next 10Q has great numbers....that is one thing that will make price go higher. And more realistic than another sector run...imo