RE:RE:RE:RE:RE:RE:RE:RE:Next WeekI agree with all of this but would add my opinion that the JK outdoor space could be secured for a very reasonable price (100-500K?). Especially if they are leaning toward production of oils, edibles and extracts, they are going to need a very significant supply of material. This is a great path to securing an internal pipeline of what they need to produce these products.
It has been proven now that in the recreational space, lower grade marijuana products are in as high of a demand as hightest products - like 25+% THC hydroponic mj. Outdoor growers will have a huge upper hand on indoor growers with respect to production costs in this regard - I read in an article that we are talking about 5-20 cents per gram for production on average versus over a dollar for an indoor grow under artifical light.
Sitting in an absolute prime Canadian location like this, it would be a disservice to themselves to not begin securing that outdoor space. sooner than later, to prepare for the 2019 season.
Honestly, besides a good fence and security system (and the license which is coming), what is between us and being able to grow on a couple of acres in the South Okanagan? If you look at the massive outddoor facilities in Cali they are pretty simple. Security is the prime consideration.
rcash1 wrote: Few things to point out . First PUF financing was done strictly for their JV in B.C. . So no $ for the Greece project will be allocated from that financing. Although revenue should start to flow in PUF by the time they’re ready to build out a Greece facility, they also have a very low float + just raised at 2$ . PUF does bring some credibility especially with a attachment to Canopy . Second LIB is up a double on the investment in BLOX ( although it’s peanuts of $ ) and I’m sure once they close the greenhouse acquisition that will be much more . IMO they’ve already allocated $ for NR sales only and that would be the most logical step if applicable with the municipality . It would also secure a sales license and probably be the quickest thing to revenue other then retail . JK phase 2 will be costly and take a while to get sales , by then there might be a supply glut . So that would be be my move, as we’re going to get quickly into a market phase of fundamentals. 25 to 50x earnings for growth stocks would be normal but we need revenue and earnings fast . As the market matures fundamentals will drive SP ,right now we have no fundamentals other then treasury. So as a speculator I know this: we’re not going bankrupt, have enough $ raised to complete NR, JK phase 1 , Pets formulations and possibly a small retail operation. That’s enough avenues to revenue ,execute on a few of them and Liberty will be fine ..Management has been very cautious with that treasury and dilution so far. If we go back into Bull market territory then that raise could fund JK phase 2 and Greece but really if all the things I listed come to fruition they might be able to fund that with Revenue... It’s a fine line beteeen being cautious and falling behind . All this is my opinion