RE:Licesnse by Oct 17th?I would tend to agree with you regarding Will. If we are to hold anybody accountable for their continuing missed deadlines it should be him. Let's remember that Will doesn't seem to have a track record of delivering anything, really (that I can find in my research, anyway).
That doesn't mean they are not on the right track, but honestly, they could be so much further ahead right now with a leader that moves forward aggressively and holds people accountable for what he is paying them for.
I get most of the delays right now, and understand. The JK facility is starting to get on my nerves though. This should have been done months ago, as I've said months ago. They've been "nearly complete" Since January. As far as I know, this is some electrical circuits, flooring, LED lighting, aeroponics setup, ventilation, and security equipment, etc... This delay is making them look like they are simply out of their league in this market. There has been something weird about this upgrade that I've detected from the beginning but can't seem to get a straight answer on anywhere. Why were they "nearing completion" in January, then dead, then "nearing completion" in June/July for early August, then mid-August, and now we are entering late September, dead again. This deserves an explanation, to me.
The JK AOR news likely won't do anything for the SP, IMO. It is an expected milestone and barrier to entry. But FFS, get this done so we can move forward already. We keep putting new things on our roadmap without knocking off the simple milestones that should be low hanging.
NR licensing is all about navigating political and municipal ties. HC likely won't even be involved. Same as Signature Cannabis - all municipality to get going. I can only hope that we are getting close to inking deals right now for later this year and have a location or two earmarked for purchase.
I'm wth Ovy, the retail is the most interesting play right now, but with the speed they've been going at, it isn't a surprise that investors are doubtful.
Still completely believe in these guys, but Will might not be the best fit.
InvToRtr wrote: I am invested in Lib Leaf, but have to be a bit of a realist with this company. They are not terribly well run by Will Rascan. They have been working at license since summer of 2017 for North Roads and Dec 2017 for Just Kush and it appears they are not having much progress with Health Canada.
New Articles right from Lib Leaf site from summer 2017 - https://www.libleaf.ca/news-releases/page/15/. Just Kush Article- https://www.libleaf.ca/news-releases/page/10/
In their latest press release they don't even give progress report on North Roads as to it completion status - https://mailchi.mp/60499c9b814b/june-373265?e=98a533c77f.
They don't seem to be any closer than they were 15 months ago to getting any license. According to some of their older new releases they have had phone calls with Health Canada as to thier status.
Vancouver, BC – July 27, 2017 - I really, really hope we see a licesnse by Oct 17th, but at this point not holding my breath.