RE:RE:RE:RE:RE:Licesnse by Oct 17th?Michelle,
Right now the big investors, that are making SP rise, in this market are only putting money with companies with licenses and the ability to make deals to grow their market share. All the companies without license are either flat or slowly sinking to the red. There are a few questions that I have as long term investor:
1. Some of these companies such as LIB may not get a license until someone like Canopy or ACB buys them up. It certainly looks like HC is only giving out license to those that already have them. Perhaps as they know how complete the process properly. So, what SP price would Canopy pay for LIB?
2. If LIB goes another 6 months without a license on North Roads, as we know the Just Kush is not getting one within the next 6 months as they have not even submitted their readiness package, can the company continue to run without any money coming in? Will they have to look at huge financing to keep running, which will run the stock down to .05 cents.
This is what is frustrating, these companies expect long term investors to hold on even though they don't give anyone a real reason to.