Agree with the frustration. I don't think it's "done". I do think we'll languish around a penny until we get news though. Bill's working on the State Licenses for the 2nd and 3rd acres and we'll get news on that within the next few weeks, along with details on the 1st Harvest. I'm holding until at least mid-May before I sell anything. I don't think we're going much lower. I suggest ALL LONGS bombard Bill and Tristan with E-mails while we wait. Squeaky wheel, and all that...
If I’m not mistaken. They are building out the 2nd and 3rd acres. There was only 1 acre of harvests within weeks apart.
We are awaiting THC % along with financials. I’m not expecting them till Feb earnings report!
2022 will be a big year. There’s always upfront costs in any business. Most business take losses for the 1st 3 years. Hence why the IRS allows you to defer it.
Going from nothing but a location to a full harvest is huge within a year. Planting will prob start end February and most likely on 3 acres. They have availability of obtaining 3 more additional acres to be a total of 6 acres. Which comes in scale.
Have patience and there’s no doubt in my mind with the Democratic Legislation trying to legalize and provide Safe Act we aren’t .05 or .10 end of 2022!
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