RE:RE:RE:Too much garbage post here
Alex I unboxed you the DD so I know you have it. Why are you being disingenuous? If your going to compare do it accurately you have the info in your mail box. Ph1 correct! Ph2 **300,000sqft not 150,000 sqft, construction moving ahead funded not totally clear but at least partial since they are moving forward. Ph3 an additional 300,000 sqft I believe unfunded. Ebersbach 1.15mm sqft facility see link at 5:55 https://www.bnn.ca/video/maricann-ceo-discloses-march-storm-hit-supply~1206089 retrofit funded in tranches to 400,000 (150+250) first 75,000 sqtf complete ***(note Germany only allowing indoor cultivation) Streaming deal... WRONG!! Deal is to purchase 20% of production (for the portion funded 400,000 sqft) at all in cost plus 10% not great margins on that 80,000 sqft but steady reliable income right away https://globenewswire.com/news-release/2017/05/04/978706/0/en/Maricann-Secures-42-500-000-Non-Dilutive-Financing-for-Further-German-Expansion.html Back to funding of ph2 35mm raise revised to 20mm because 15mm was done through vendor financing causing even less dilution... now that 35mm total would fully fund ph2 and it is closed, you can call the underwriters and ask if there are any available if you don't want to wait for the pr. So ph2 is funded but since they moved ahead with construction maybe they already had ph2 partially or fully funded. I should and will check. If ph3 requires funding it was smarter to not just build in phases like aph and acb but also fund in phases. The closer to text the higher the sp so raising phase 3 down the road when do is higher will cause even less dilution vs aph and acb strategy of raising funds at once at a lower sp causing more dilution.... aurora skies will require a separate cultivation and sales license Mari expansion dies not. You can argue it will be expedited but I'd say to that what about tweed grasslands cultivation granted in June still waiting on sales. Acb can skip the line but the king.... canopy can not?..... Right... Maricann will be growing and selling out of 517,000 sqft maybe the full 817,000 sqft before the skies project is even licensed....