RE:RE:RE:Signature Cannabis locationsI don;t think that NRV has much on the roadmap for rennovations at this point. They are ultimately waiting on distribution & manufacturing of edibles and extracts. As we've all discussed, this depends on factors that are not yet clear. This likely won't be until 2019. I don;t know if there is a story with NRV that includes Signature or not, but I personally am not expecting anything of consequence to be announced for NRV until 2019.
I don;t know exactly where this money will be spent, but if I had to speculate, I would say a 1-3 storefronts to start. If we are expecting to have supply in the near future from the JK facility, securing a few storefronts in the area would be huge. It's scalable, too - if this is "Phase 1", "Phase 2" could be a huge outdoor greenhouse and 4-5 more stores, for example. If the demand is there, an expansion like this is money in the bank.
Just throwing thoughts out there.
LANk655 wrote:
And perhaps money raised from warrants (since it seemed to be more than expected) would transfer nicely into build costs for renovating stores. I would like to think that NRV has more than enough dollars slotted for its completion, I'll speculate and see this income being sent towards acquiring locations and paying for the renovation required .