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mx10001

12/13/19 11:59 AM

#59314 RE: tooltimetim #59313

"Don't expect numbers to increase drastically for at least 12-24 months imo"

Adding 20 stores a month beginning in April, and thereafter, Going from 24 stores to 250 within a year means 10X the stores... and with derivatives likely 5-10X the revenue. Not drastic enough for you?

Thing is, the PPS will move quickly as the numbers start to improve. 75 million is likely the low quarterly figure, and we improve from here.
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Chicago-Paul

12/13/19 12:03 PM

#59315 RE: tooltimetim #59313

We are going to be dealing with the same issues here in Illinois.

The process here in Illinois is super political.

For Example: Cresco Labs was trying to open 1 retail store in Chicago and the seven Alderman had to approve it. They asked what percentage of Cresco was minority owned (like that really matters) - but Cresco responded that they are a Publicly Held Company and that anyone is free to buy their stock.

So we're dealing with A LOT of that here. Everyone wants their piece of the Cannabis Pie in Chicago.

But I think they are starting with less than 20 Retail Store Licenses in Illinois for 12,000,000 people - so the Government are idiots.