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Transcontinental Realty Investors Inc V.TCI.H


Primary Symbol: TCI

Transcontinental Realty Investors, Inc. is a fully integrated, externally managed real estate company. The Company operates through two segments: the acquisition, development, ownership and management of multifamily properties, and the acquisition, development, ownership and management of commercial properties, which are primarily office properties. The services for its commercial segment include primarily rental of office space and other tenant services, including parking and storage space rental. The services for its multifamily segment include primarily rental of apartments and other tenant services, including parking and storage space rental. It holds a diverse portfolio of equity real estate located across the United States, including office buildings, apartments, shopping centers, and developed and undeveloped land. It invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate. It also holds mortgage receivables.


NYSE:TCI - Post by User

Post by Ktownskid1on Aug 26, 2018 3:32pm
124 Views
Post# 28519283

51st is one of more than 700 LP applicants

51st is one of more than 700 LP applicantsInteresting article https://mjbizdaily.com/canadas-licensed-marijuana-producers-and-applicants-soar-past-700/ Click here to read article

LP applications in Health Canada's que that haven't been rejected yet climbs over 700 with 76 of those in Alberta. This means 51st is one of 700 applicants and given it hasn't even broken ground they are probably 12 to 18 months from a license at best.

Bruce Linton, CEO of Canopy, says “I think there’s going to be disintegration,” Canopy Growth CEO Bruce Linton told Marijuana Business Daily at MJBizConINT’L in Toronto.

“Disintegration happens when people make promises at valuations that can’t possibly be fulfilled, because they have no off-take agreements, they have no chance of doing anything potentially other than building inventory, and probably a third of the money that’s being doled out isn’t actually ever going to turn into any inventory.

 

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