Handled properly? Therein lies the problem.
Unfortunately, Neither Fellner or Coffey strike me as two people who can see the big picture or they wouldn't have their pasts wind the way they wound.
Let's say these two walk up on a 100 dollars, do they pick it up, knowing if they walk a littler further there is a good chance they can get a 1000, but they have to work for it?
Does anyone in here really think they won't pick up the 100 every single time and spend it? They aren't going to 'think' down the line until they don't have another option.
I have no doubt they've applied for a MJ license... and I hope this will be enough to allow me to escape.
Next, they will enter a very competitive market where I probably know more about the industry just from researching it the last few weeks than they do.
In fact, they would be smart to grab some good people with contacts in Colorado, pay them, and let them get to work.
They would bank and get the 1000 easy. David WildDeer or whatever his name is... yea, he isn't going to be the person to get this off the ground.
Just to note, before they can sell in any city, they will have to be inspected by both the City and the County by which they open their business.
They will be required to produce a consistently cloned medical product... I don't find this very likely.
Hopefully the State doesn't smell the BS and at least issues a license so they can throw the PR out there.
OR, they grabbed the 1000 by BSing us all and ensuring they get a split of the Reg-A offerings.
Honestly, ask yourself which path these guys are going down and will be the best executed by what you know abou them?
Let's just hope we see a MJ PR... bail and go put your money on a solid company or three.
Unfortunately, as we bail, there will be a large group coming in... and so the cycle will continue until there will be a flat line and bag holders.
Give us one more pump!