Replies to post #54834 on GrowLife Inc (PHOT)

[streak1977]

So far... only privately owned companies are receiving licenses. I'm beginning to believe that will be the norm. Public companies are responsible for increasing profits to their shareholders. The government wants to be the only entity standing in between the seller and the buyer. Given the fact that they are required to cultivate 70% of their own supply and can only obtain the other 30% from other approved dispensaries, PHOT will be a key player in everyone's business. Public, private, co-op...they still need growing supplies. Most of them don't need shareholders...