RE:Do yourselves all a favor, don't respond to certain postersFor someone whose name is "duediligence" and who recommends investors do their own DD, it's pathetic that you haven't done your own. Just a useless pumper like the rest of them.
Direct from TGOD's April 20 prospectus:
The Company’s existing Hamilton Facility, an indoor growing and production facility has a floor area of approximately 7,000 sq. ft. and potential production capacity of 1,000 kg annually of cannabis, was completed in 2016. The Hamilton Facility also consists of laboratory space which will compliment the agricultural research activities.
The first stage of expansion includes a 20,000 sq. ft. indoor laboratory facility that will be used for specialty growing and formulation development with 2,000 kg annual capacity.
The final step, which is expected to be completed in the fourth quarter of 2018, will be the construction of a 123,000 sq. ft. hybrid greenhouse with an 11,000 kg dried cannabis annual capacity.
No license yet for Quebec:
The development of the Qubec Facility into a research facility is expected to be completed by the second quarter of 2019 at a cost of approximately $18 million. In addition, a 2,700 sq. ft. Breeding Facility is presently being constructed. The Company also intends to build an 820,000 sq. ft. greenhouse facility at the Qubec Facility that will have an expected annual capacity of 102,000 kg of cannabis annually,
assuming the Company receives the necessary licences, the Qubec Facility is completed and demand for cannabis increases (output may not coincide with production estimates). The initial phase is expected to be completed by the second quarter of 2019 at a cost of approximately $110 million. And take a look at this on page 47:
During the year ended December 31, 2017, the Company had no revenue from operations duediligence123 wrote: Like ACBPROtrader, Wheelsonthebus, or pennystocks, etc..they just spew garbage with no evidence to any of their claims...it's profit taking time in the MJ sector...if you wanted to take profit, it's cool, or if you wanted to hold you will be fine too if you bought properly...either way, have a plan and commit to it...the vote was just more step in the ladder...this is still the hot sector to invest in, but do your homework, and watch for uptrends and downtrends.
GLTA!
Always do your DD before investing in any stock