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Alliance Growers Corp ALGWF

Alliance Growers Corp is a Canada based diversified cannabis company. It principally operates through the four key divisions namely, Cannabis Botany Centre, Strategic Access to Cannabis for Medical Purposes Regulations Investments, Cannabidiol Oil Supply and Distribution, and Research and Development. The company is primarily focused on the development of Cannabis Botany Centres in Canada.


GREY:ALGWF - Post by User

Bullboard Posts
Post by URLaughable3on Jan 29, 2018 4:58am
265 Views
Post# 27452352

Ignore the twats and read between the lines..

Ignore the twats and read between the lines..
Current Stage of Biocannatech: Intake and Initial Screening (done) Detailed Review and Initiation of Security Clearance Process (current/done) ***Following this stage, the gov't releases the "Ready to Build" letter, letting the company know they are ready for their pre-license inspection (believe we are currently here as the review full circles back to the end of pre-inspection)*** Passing inspection and further review leads to... Issuance of Licence to Produce (point at which ACG hands over 1,450,000 shares ***I'm assuming the permits approved portion of the deal stems from construction and zoning just like any other structure (local region wants their $)*** (ACG pays $500,000 plus 1,200,000 shares) Introductory Inspection (as cultivation begins) (ACG pays 1,700,000 shares) Pre-Sales Inspection Issuance of Licence to Sell (ACMPR)(1,700,000 shares) So I'm not quite sure why the ape is so angry? According to the information: They are on the cusp of approval and breaking ground. ACG has only paid out $100k and not a penny more until the application is approved. They have it set out to have 130K sqft of production space, full access to a ripe market, 100% control of a quebec licensed producer, full scale operation revenue forecast of >$75M/yr, and all for only $8M, strategically paid to limit risks... Side Note: building a 10k sqft facility is not a complicated task, and the additional construction on the 120k sqft warehouse could continue after the main floor space is up and going. According to Trudeau, Legalization is happening after July 1st. So there is lots of time anyways) In all, have a banana and chill out captain chimp. They can't discuss aspects of approval because no one knows until it's approved (actually read the stages and the grey areas that exist), and it would also risk insider trading if the CEO told a facking Gorilla crying via email, that their LP is a week out from approval before the public. Or on the drastic side, they make a public announcement and then the approval falls through and the company gets crushed for "pumping its stock price" right before bad news pulverizes it into the ground. The Company is also far from all in on Biocannatech, as the real value in this company is the Botany Clinic. Biocanna is just a way to get their products out to market at the best returns possible (no middle man). Long and strong since sub .2 GL to the real investors
Bullboard Posts