Post by
mmriyadh on Jan 30, 2019 11:00am
Harvest
They are expected to have harvest for their Las Vegas establishment in late Jan or early Feb. They are presenting at a conference on the Feb 1. I expect to get some update/news soon.
Comment by
WickedGood on Jan 30, 2019 11:24am
Yep, Looking at their instagram posts, looks like they just got all the drying racks set up and ready to go for the next week. The weed itself looks pretty fantastic in it's pre-dried state. Whoever's selling this stock still is an absolute raving lunatic. I'll continue buying from them as much as I can though, so i guess i should thank them.
Comment by
outback2008 on Jan 30, 2019 12:48pm
If anyone is interested. I am going to the conference in Vancouver on Friday. I would be happy to share info.
Comment by
WickedGood on Jan 30, 2019 1:32pm
Definitely wouldn't mind hearing about the conference. As an east coaster, not very feasible for me to make it out there. :)
Comment by
outback2008 on Jan 30, 2019 2:27pm
No prob. I can post on here or do a private email. Let me know.
Comment by
Slickster786 on Jan 31, 2019 4:59am
I’ll be going there Friday...
Comment by
mmriyadh on Jan 31, 2019 12:31pm
Looking forward to some update from you then :) Thanks.
Comment by
mmriyadh on Feb 05, 2019 2:30pm
They could start harvesting tomorrow. If that's the case, a news update is imminent IMO.
Comment by
outback2008 on Feb 05, 2019 3:34pm
Yes. This week for sure. From my understanding they have 4 flower rooms in each building. So a total of 8 rooms. Sounds like their rotation will be harvest every week. For 8 weeks then repeat.
Comment by
Livetom on Jan 31, 2019 12:53pm
please share with me outback.. I am going to Vegas the first of march. gona try to get LIHT There..
Comment by
outback2008 on Jan 31, 2019 1:10pm
Ill will do a post when I get back from the conference.
Comment by
outback2008 on Feb 04, 2019 10:34am
This was a very good conference. Regarding the Nevada grow. They will be harvesting this week which is extremely positive. Sounds like it is presold. The BC play they talked in great depth about the new technology they will be using. They have the first building almost complete. 2-3 months away. They will have their license by August of 2019 maybe sooner. Cash flow positive by 2020.
Comment by
mmriyadh on Feb 04, 2019 12:22pm
Thanks for the update. DId they mention anything about requiring money or doing PP, etc?
Comment by
mmriyadh on Feb 04, 2019 2:27pm
That's great. They also have $20,000,000 Draw-Down Equity Financing option from Alumina Partners. They also did debenture financing during Octtober last year.
Comment by
outback2008 on Feb 04, 2019 2:57pm
Exactly. I am expecting really good things out of these guys.
Comment by
WickedGood on Feb 04, 2019 3:54pm
Thanks for the rundown, outback!