September 2017 As much as the wait has been painful, these next few months should really see this story start to unfold.
A few things that have me hopeful and a buyer down in the low 0.40's
1) Still a decent cash runway with F/S showing significant purchases of land, production equipment, and facility development costs.
2) Brad seems to have a very strong relationship with the municipal gov't in Adelanto. I think bodes well for us being granted a dispensary permit and business licence post inspection sign off/COO issuance over the next few weeks.
3) A significant amount in promotional prepaids. As Stranius aluded to earlier, these represent services still yet to be rendered. Which makes sense--promote when the news flow and ability to generate sales is there.
4) Crackdown on illegimate businesses and focus on seed to sale tracking by California only enhances LDS's position in the market since we have followed laws by the book and staked out a strong land position close to LA. As Jan 1 approaches, you can bet that investors will have their eyes upon California recreational legalization. Development of a parallel banking system to allow non-cash transactions will be a huge boon for the MJ industry--seems we're getting close.
Here's a great article on big financiers putting $ into Cali's MJ market:
https://www.statnews.com/2017/08/28/marijuana-industry-investment/