RE:RE:RE:Confused
A couple of things. PPE valuations aren't absolute. It's possible for them to appreciate or depreciate overtime depends on what. And when it comes to cannabis, what you pay for seeds/plants and what you get for them when they're ready to be sold can be substantial.
Another thing that may be more concrete is the fact that the Houweling spent like 80M to upgrade the Delta greenhouse prior to their venture into cannabis with AGRA. Now, not all do apply but majority of the upgrades still do. And I don't think that 80M PPE included all 40M of DOCC/SOW because the retrofit still ongoing.