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James E Wagner Cultivation Corp JWCAF

James E. Wagner Cultivation Corp, through its subsidiary is a licensed producer of medical cannabis focusing on producing clean, consistent cannabis using an advanced and proprietary aeroponic platform named GrowthSTORM. The company's operations are based in Kitchener, Ontario.


GREY:JWCAF - Post by User

Comment by HaulJockeyon Sep 08, 2019 9:49am
92 Views
Post# 30106316

RE:The weed business............

RE:The weed business............So I read your whole post and I do believe you are being positive in the face of uncertainty which is most likely good to help steady your nerves.

I always wonder that why, when someone points out a couple of flaws or concerns about a stock, the positive folks never try to convince you otherwise with facts or other information, they just tell you to go away. If you're one of these guys, you're deflecting from the truth or you just have no information or evidence to backup your claims. Quite often it's a bit of both, you believe it may be true but you own so much stock you don't want tempt fate by continuing an inquiry.

Thing is, there are very few people here that are looking for any info. Just Pumpers, Bashers and Joe Retail looking for a belly rub and to be told everything will be okay.

As for JWCA, I kept a bit but am not trading it anymore, more of a curiosity at this point, "we'll just wait and see".

In the meantime, if anyone does have any information that justifies paying 2.5 million in rent every year in addition to leasing and or renting all their equipment except for the buckets and hoses, I would be interested. If you're planning a quick getaway, this is the way to go, no assets, fart in the wind.

So the question is, "why wouldn't JWCA buy some land, $10-$20 million and build out a $40-$50 million facility"? They had the startup money to do it didn't they? So why not?

I say $60mil because with a payment of 2.5mil a year, you could carry about a $60mil mortgage, be in it for the longhaul (pardon the pun) and have an appreciating asset for shareholders.


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