RE:RE:Next WeekWe'll see what they do. I personally would prefer them to seek out solifdifying real revenue that is low-hanging and acheivable at home first. I wouldn't have said this with any degree of concern a year ago, or 6 months ago, but at the rate that they've proven they move at, to me it's important from a feasible delivery perspective that we slow down on ideas and speed up on implementations.
The Greece initiative for me is a joke, no offence to anybody. If I'm proven wrong, awesome.
Highly doubt we'll see anything at NR until mid-2019, but I might be wrong on that as well. All great iedas, yes, but too early, IMO. Better places to secure revenue sooner.
Where's CannaBLOX in all of this? Lost half our money on that investment, so far. I hated that partnership from the beginning.
Last I heard we were trying to play the CBD formulation card with companies from abroad - would like to get an update on that one. Could be additional revenue there.
ovechkin8 wrote: TenFingers wrote: Pretty excited about next week to be honest.
My prediction is that we see the first consistent upward movement on LIB this year starting on Tuesday or Wednesday of next week upon AOR announcement.
It's a ticking timebomb to revenue past that point - nothing crazy, but likely a sustainable amount of revenue from JK to allow us to continue to push forward in other initiatives. If I step back and look at everything from a distance, this is what I'm the most uncomfortable with at this point - no revenue yet. And I think other investors might agree.
From there, there is so much potential, even just at the JK location - if they were smart they would immediately launch Phase 2 build-out to stir up investors and have plants in the ground outdoors for late Spring 2019, and also a greenhouse to leverage the sun year-round at that location. (Phase 3? 4?)
These might not make this stock worth 2 bucks, but they will make investors much more confident as longs that we have slow and steady revenue on the roadmap.
GLA
I disagree on the next step - I would argue the money is better spent on North Road GMP upgrades + recreational stores before pumping money into a build out. I think 3 stores + North Roads will be less capital than building start from scratch facility. Next vertical integration is going to be focusing on online sales in some capacity mixed with a cashed up PUF looking to make moves in Greece. Im not worried about a lack of revenue right now. We have 3 mill in the bank + 6 mill in reserves..
North Roads is a sale only license - this is the best avenue to immediate sales over a JK build out + inspection + license process. That is too capital intensive at these levels