JMO...
Which would be a more pressing aquisition in your opinion ?
A manufacturing facility?
I think they need this first to completely integrate the Growlife products into a "package" they can then supply under capital lease terms. And this only if I am correct on needing an asset class to fulfill the capital lease definition. I think this will clear the way to finally begin inking contracts. I think if they sign-up anybody under the program right now those agreements may be illegal and why you have not heard about any GIFT contracts.
Or a grow op. ( vertical grow op )?
The next step I would think involves the vertical grow op concept.
Perishable is a good way to describe it. It should be interesting to see what evolves .
What is your opinion on growlife's relationship with very questionable businesses ? By that I mean fusion pharm and the company that is supposedly manufacturing the kiosks.
Have you done any DD to make sure these are actually real companies ?
I am less familiar with the kiosk side than I am with the fusion pharm side. When I first looked at FP, I immediately saw the potential with growlife based on my limited attempts at growing indoors. I tried to find what I could without satisfaction and that is what led to my simple email as a test to the company and after no response I sold my shares got into what I considered one of the two real companies in the MJ sector.
At the end of the day as I have read others post, this company is still just a simple supplier of hydroponic equipment. But the potential...Strong legal shield, adding horsepower to management, a business plan that looks good...on paper.
This companies biggest risk is taking too long to position themselves. Other later market entrants will have had to spend only a fraction of time and money to get where this company is trying to get to. I do not know if they will be successful, but it is worth some shares just in case I think.
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