Haha. Well it's a very good thing our product grows in dirt. Our new fearless leader has developed many relationships with guys who are used to dirt. So the trenches are where I lay my cash for this dirty industry.
Speaking of AMS..it was acquired by Cannapharmarx ($CPMD) in January. They "acquired all of the issued and outstanding securities of AMS for total consideration of CAD$12,710,000 consisting of cash, common stock, and a promissory note.
AMS is a late stage marijuana licensed producer applicant in Canada currently operating in the Pre-License Inspection and Licensing phase, which is Stage 5 of 6, with a fully approved license.
The facility's exterior is complete. However, construction of the modern interior has not yet commenced. The finished production facility will include twenty individual state of the art grow rooms that are expected to maintain an annual production capacity of 9,500 kilos of marijuana. Completion of the build out of the facility is expected to take an estimated 20 weeks. Together with the remaining equipment needed to complete this expansion management estimates the Company will require approximately CAD $12.2 million in additional financing. The Company currently does not have a firm commitment for this financing but is optimistic that it will be able to raise these funds. https://www.prnewswire.com/news-releases/cannapharmarx-announces-the-acquisition-of-alternative-medical-solutions-300775027.html
CPMD sits at $2.67. The 52 week range is $1.00 - $4.00
Josh couldn't even get Quality Green off the ground.
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