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mcl0136

10/02/18 10:17 PM

#78403 RE: Kool Aid Man #78333

I hope this helps. I live close so I have been reading the local news and take a huge interest in this.

Bristol News - June 12, 2018
“Par Ventures, if we get the license, will have an ownership interest [in Dharma]. It’s my company and I own it wholly. Mike should have explained that carefully when they had the meeting when he named me as an owner and then named Ken. I own Par Ventures and I will be one of the owners [of Dharma],” Clyde Stacy said.
https://www.heraldcourier.com/news/par-ventures-officials-clear-up-confusion-on-cannabis-project-details/article_02dbd75a-6df7-11e8-9cd2-2f5a5ce45606.html

On the RFA form, Virginia had a section on financial position, where it said the applicant must demonstrate the financial capacity of the applicant to build and operate a facility to cultivate Cannabis plants... Do you think that's where the $30 million came from?
https://www.dhp.virginia.gov/pharmacy/docs/BOPRFA_PharmaceuticalProcessors.pdf
In the Richmond district, Surterra said that if they were selected they would invest $10-$20 million. Maybe this is not an amount that had to be paid to anyone when applying, but the applicant had to demonstrate having those funds.