Nova Cannabis Inc Com YSSCF

AGLC Odds for Solo

[DarrenYaToJump]

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".

[Saxon73]

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

[DarrenYaToJump]

Firstly, 4% chance, IF IT WAS A LOTTERY STYLE. Please learn how to read effectively.  I do not want in lower. I want this company to do well and growth at a healthy rate. I have many facts about other private businesses fully inspected and awaiting licenses too. Do your research. Yes, they do exist. Please check the news. Check Sedar.com. SOLO has five stores inspected and two waiting

[Trix4Kids]

Canopy being invested is a big thing plus I thought they had WEED affiliates on the board?.. We just need farmers to supply product and we're golden.

[DarrenYaToJump]

Canopy has nothing to do with the AGLC and the federally supplied product restrictions.  Therefore, we are going to wait and monitor their decisions relating to this topic and hope that their decisions benefit SOLO in the long-term.    And, Canopy is not the only major producer indriectly invested into SOLO. APHRIA is also invested into SOLO through Green Acres. So.....just wait

[Geo1967]

I understand your rebuttal and passion for the stock. I am heavy and long here too. But in fairness to this board and investors here DarrenYaToJump is an honest and long time investor here with knowledge of this stock!  There was no manipulative intention on his part as his past messages have always been helpful. GL.