InvestorsHub Logo
icon url

noyeyiditi

01/23/19 12:36 PM

#2428 RE: iudiehard1 #2425

Your assertions aren't negative, they're practical. Diego Pellicer should have at least one shop in Alaska, California, Colorado, Maine, Massachusetts, Michigan, Nevada, Oregon, Vermont, and Washington this year. I know all of this would be easier to do with traditional financing, but they currently have 2 open and profitable dispensaries to help fund new locations. The more successful shops they have, the more money they'll have to open new shops. They know all of this, I'm sure. It's just difficult to get to that point of recursion. I wonder how long it takes for them to open a store? I feel like their 2nd Colorado locations was announced a while ago, and it's still pending approval. I'd also be interested to see the company's current profit streams now that they're "touching the plant" to see how many stores they need to start growing their national footprint. I'd guess that they're not quite there yet if Ron isn't taking a salary.