RE:RE:RE:RE:RE:RE:To opt and vulcan Imo, no problem Brent. I got one better for you, don't worry about then selling your product you produce to a unlicensed dispensary because John Conroy(lawyer) who won the appeal for the acmpr personal production licenses to exist in the first place, is also going back to court right now to allow all license holders to sell to the black dispensaries like they have been.
Even better yet! Just check out able auctions or other auction sites for equipment. (https://bid.ableauctions.ca/HORTICULTURE-GROW-OPERATION-AUCTION_as42509) I'm sure you could get your equipment at a fraction of the cost from all the broke LPs, few thousand bucks, what costed LPs millions and your fully operating! Enjoy my man!
brentkosta wrote: Sounds great! I'll be sure to send this link to everyone I know. I dont see how any LP stands a chance with this. I need to find a great grower to partner with. I'll probaby give most of my weed away, anyhow. But so long as I can pay for my costs I'm happy.
watchmeplz wrote: Imo, No problem Brent! Few hundred bucks they'll get a doc to sign a note for you and your off to the races, just like the other 40,000 licenses out there. Oh by the way, love the name of the new product your going to make, I'm sure it won't be stale and yellow because you'll have it out to the market immediately after you cure it unlike the months of lead time from LPs. Oh, and don't worry about any layers of taxation either, because there is none, so your product will come in at a fraction of any LPs cost, you don't need there employees,management, or lawyers or even tsx fees and almost be at the same scale as them too! Good job! Let me know how the crop is going, excited to hear!
brentkosta wrote: Thanks for the link. Im going to sign up and max out the plant production at my property near the Ottawa Vallley. I might even name my brand 8acres
watchmeplz wrote: In my opinion, they can't sell equity method, as their bound to restrictions from the asset-backed bmo loan. That's why they had to sell treasury shares, last legs? You bet. Why need 9m too when you just did financing from bmo?
I've said it all the way from $2 down to now, the legislation wasn't intended on LPs to succeed, they were created to battle Canada's acmpr personal production licenses (yes, there was a court case, personal production won) that are readily available and competing with the LPs with none of the same hurdles. Here check it is:
https://www.cannabisgrowingcanada.com
95g a day licenses = 475 plants x 4 licenses per facility = 1900 plants all for a minimal cost and no requirements other than a docutora note! Enjoy longs.
Method wrote:
Fitter8911 wrote: I am a long as you both are for supreme..tho I keep quiet in the background and read all the posts here..let's just say supreme can make 100 million a yr or a 25 million a quarter..what would be a realistic stock price for this sp..my average is 1.05 and wondering if I should average even lower now that I can..can we se this sp going to 1.00 or 2.00 or more in yrs to come since everyone else is struggling to get their sh..ts together...where would see this sp in say 2 yrs time..luv reading yours posts from both of you as your both know your stuff and been learning as well..thx very much boys...
I say you consider buying FIRE.DB instead. It at least has a contractual obligation to get $100 plus interest for every $30 invested based on the market cap by next October (but they have to have a plan in place by next July).
I have no idea what the equity will be in that scenario but ~3-4x your capital in a little over a year seems to fit your criteria. Hopefully Opt and Vulcan will be right and they will be able to raise preferred or other debt to pay off the converts but if that fails they will have to sell some equity. I rather own the thing they have to buy than the thing they might have to sell more of to pay me off.