GREY:YSSCF - Post by User
Comment by
Saxon73on Mar 29, 2019 9:34pm
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Post# 29557300
RE:AGLC Odds for Solo
RE:AGLC Odds for SoloDarrenYaToJump wrote: As soon as AGLC allows a few more retail licenses, SOLO still has a slight chance that it is not next in line for the approved licenses (even though it sounds like they are close to being chosen).
There are currently over 630 licenses awaiting approval and SOLO has only 23 waiting. Which means they have a less than 4% chance of getting a license (if it was lottery style).
The AGLC has clearly stated that the application and licensing process is a first in, first out process so this could mean potentially next year approval for SOLO. The uncertainty has pressured some investors to sell (dump) shares based on this.
Wait for updates from the AGLC in April or May about retail licenses and federally approved producers.
In the meantime, look into Alberta based soon to be federal producer and supplier to AGLC. "SUGR".
Less than 4% chance eh. You want in lower? Their storefronts have been inspected. You got more facts on the remaining 600(ish) waiting for a license who don't have a store, let alone one that's been inspected? They don't exist. Why don't you remind us how many SOLO stores have been inspected? How many are awaiting inspection? Show me other compliance ready who's on par? Slim fukn pickings! 3 stores opening in ON. the other 22 aren't ready, likely to get the license revoked. SOLO is primed and ready with Canopy backing them so cut the scare tactic Krap and fuk off with the sugr pumps...