Post by
Canada8 on Oct 18, 2018 12:16am
Production license
This is just a question that I need to ask everyone here.
Did Mgw get a production or sales license?
Im pretty sure I’ve been paying attention and I’m wondering if I missed the part where they announced that the facility was complete and they have submitted for final inspection.
I just watched Matica go through this and it took 9 months to get a production license with David Hyde’s help.
Maybe that so called “active review stage” makes things quicker, I don’t know. Completing the facility will be a great day but to directly to crop might depend a little on Health Canada. We also in the past applied for a dealers license.
Whatever is going on it would be nice to get some company info.
Oh ya my other thought would still be.
What in the wide world of sports is going on with Nevada? Building permit yet?
Cause the company has a license through bio Neva already. Hmmmmm
Oh well I’ll just hurry up and wait.
Comment by
maryhill on Oct 18, 2018 6:52am
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Comment by
Canada8 on Oct 18, 2018 11:43am
Thanks RileyFTW and Maryhill They must be very close to several news updates.
Comment by
maryhill on Oct 18, 2018 7:05am
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Comment by
betsonvalue on Oct 18, 2018 10:53am
Looks good :) $0.57 in Jan '17
Comment by
Easymoney15 on Oct 18, 2018 11:28am
That’s the new prediction? 57cents in 3months?
Comment by
betsonvalue on Oct 18, 2018 3:37pm
No, that was January 2017 real SP. Pretty telling that it was higher back then on news that was at the time, known to be a far ways away from completion. Now we're closer to revenue and it's cheaper. Can't deny it's much better value!
Comment by
KarenTurner on Oct 18, 2018 12:44pm
Correct me if I am wrong, but I believe that you need to do one complete harvest and submit for testing before receiving the license.
Comment by
KarenTurner on Oct 18, 2018 12:45pm
Sorry.... this was already said below. Apologies.
Comment by
Easymoney15 on Oct 19, 2018 12:07pm
And what has greg moline accomplished with mgw ? How many years working for mgw ? The answer is nothing
Comment by
Easymoney15 on Oct 19, 2018 12:43pm
Mr. Lai Accomplished nothing in 5 years and blames other companies for mgws problems unprofessional this guy has destroyed this companies rep garbage management .
Comment by
BlackjackBenny on Oct 19, 2018 2:54pm
The market manipulation is just carrying over into all the smalls also. This is temporary and there is nothing MGW can do about it.
Comment by
Easymoney15 on Oct 19, 2018 3:01pm
Your right but once everyone finds out about delays and licensing process mgw has to go thorough this stock is going to be worth 20-30 cents .
Comment by
maryhill on Oct 22, 2018 10:40am
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Comment by
tankingfrank on Oct 22, 2018 10:49am
growing a weed indoors, is really not that profitable. this will go to zero..
Comment by
Easymoney15 on Oct 22, 2018 12:14pm
There is already a shortage across Canada
Comment by
tankingfrank on Oct 22, 2018 2:12pm
yeah but mgw has no license, so they cant capitalize.. at 30 cents its still a 45 million mkt cap.. blissco has license and is 35 million.. so mgw should trade at 20 cents,
Comment by
Easymoney15 on Oct 22, 2018 3:05pm
I like how you compare it to other stocks lol there will always be a market for top quality products the country is legal now and more states and countries will follow saying it’s going to hit zero is a little amateur wouldn’t you say ?
Comment by
JohnnyNoBrakes on Oct 22, 2018 3:08pm
MGW has operations in the US ready to go for legalization there. Now that they have the money for Telkwa, they just need to finish construction, grow a crop for Health Canada, and then start selling. They will be sold out for at least 2 years. Money is coming, and this is a great price.
Comment by
Easymoney15 on Oct 22, 2018 3:16pm
They will need a sales license too it’s going to take a little more time then we think but they will get there .
Comment by
Easymoney15 on Oct 22, 2018 3:35pm
California operations could get going in December the vary earliest
Comment by
tankingfrank on Oct 22, 2018 8:30pm
Lol - how do you see that. —- management ? Last year they told everyone there would already be 10 greenhouses. They need at least 5-10 million more.- and since it does not look like they will get it. Zero is possible, since none of it makes any money.
Comment by
Easymoney15 on Oct 22, 2018 10:52am
20-30 cents that is the reality of things I said and expect it right now might stay at this level awhile but eventually it will recover. You even said it what a way to talk down the sector to get new money in
Comment by
tankingfrank on Oct 19, 2018 11:44am
they are probably a year away from sales. so loading up with debt is not going to help an inept management group.