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Posted On: 12/16/2021 11:56:38 AM
Post# of 2219
Re: adirondackhi #2120
Thanks Adirondackhi! That's the most information I've seen regarding the deal. Still trying to decipher it but this could be very positive. Reading over SIGO last financials, I was wondering how they were ever going to get out from under all those loans... but this might be the answer.
But this is what I'm trying to find more information on:
"MCOA has the option to acquire 51% of SIGO's new cannabis growth facility that is significantly larger than the current clone facility operated by VBF. The new facility is obtaining licenses for mass cultivation, manufacturing, and distribution and should have projected annual income after the first year of operations of over $30M."
But this is what I'm trying to find more information on:
"MCOA has the option to acquire 51% of SIGO's new cannabis growth facility that is significantly larger than the current clone facility operated by VBF. The new facility is obtaining licenses for mass cultivation, manufacturing, and distribution and should have projected annual income after the first year of operations of over $30M."
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