RE:Purchasing Biomass & Facility OperationsStealth - the part about two weeks to turn the facility on and then needing to buy more equipment, is that what you got from talking to NextLeaf directly?
If so, then I don’t expect there to be much revenue in the next earnings report. This is okay - it’s just I was hoping that they were using this time waiting for the license to get ready for business operations.
If they were waiting for the license before buying the equipment (while it may be a prudent spending decision) it shows that they weren’t ready to spend money without it. Which means they weren’t 100% confident that they would get it.Which means they aren’t ready to extract on a large scale way yet. I believe and am heavily invested in this company - but they are a little down the road yet. In this new cannabis business climate, announcements of deals, licences, and contracts don’t move the stock price. Proven performance does. It’s a good thing we are in early - but it may actually be really early.
I was just hoping they had something up their sleeves that they were preparing for this whole time. Oh well.