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CoralReef27

09/13/22 4:25 PM

#25239 RE: Gumpstein #25238

It was nice to see that there is still a heart beat here, but they haven't made any progress. The new news is old news.

MD-2020

09/16/22 11:07 AM

#25245 RE: Gumpstein #25238

Yes, April 2021 they allegedly already had zoning approval on the 120 acres, with approved site plans. The 120 acres is also i believe what the revenue projections are based on.
https://www.globenewswire.com/en/news-release/2021/04/05/2204220/0/en/Hero-Technologies-Subsidiary-Receives-Zoning-Approval-for-Cannabis-Cultivation-on-120-Acre-Michigan-Property-Planned-for-Purchase.html

So if we're now down to 10 acres, and the cannabis price has tanked, what are the current revenue projections? Oh also, when will seeds be in the ground?