RE:RE:RE:Added..If the license is approved can they not start growing marijuana immediately to be available for sale on the legalization date? They can also start selling earlier with medical MJ.
Blainelinton wrote: What if they never get there licence? Does that mean the SP drops back to $1.80? The way I see it, the licence is already priced in at $5.25 above and beyond, where it was prior to the JV announcement. Huge gamble and substantial loss if the licence is denied for one of many possible reasons. If the licence is approved first 250k harvest should be end of 2018 and reflect first Q 2019, as there's no sign of a retro fit in progress. I guess they don't want to start unless there is a licence, and confirms the old saying. Don't count your chickens before they hatch.