RE:Writing on the wallcashisqueen wrote: It now appears that LDS isn’t going to try to source material and now instead solely focusing on the 200,000 sq ft facility that they mention they intend to build. They mentioned that this would be started beginning of January. They would have put out news if this was at least underway so we can assume that it’s not. Now considering that it will take at least 6 months to build then they will have to go through the process to find the companies that they will rent this out to to grow the weed cause they mentioned as a fact that they have no intention in growing themselves. So next November or longer ? Until then they only have 20,000 sq ft of production so don’t expect any revenues that will knock your socks off ! They also lost a sizeable amount of product to the sheriff so that will also affect the bottom line. I thinks it’s going to be another year before LDS sees a buck and that’s if nothing else goes wrong.
If this is entirely correct, the Mgt. team here appears entirely clueless! There is therefore no upside, nor do I intend to wait a year to make a plug nickel! Took my small beating and liquidated today. Gambling on the HMMJ -ETF is a lot more profitable than this done like dinner- dog! GLTA!