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  4. Rightsmile Inc. (RIGH) Message Board

No worries on the lab. BG is doing well. Busines

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Post# of 5949
Posted On: 06/18/2014 9:10:53 AM
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Posted By: BURN.NOTICE88
No worries on the lab. BG is doing well. Business is growing and centered in the largest-concentration of MJ dispensaries in the world, California (Note: #BudGenius Biz Ops in the post-it section). 10 CT business licenses vs. 1,100+ in LA alone...

Quote:
Links below visually put into perspective, "RECORD HIGH 1,140 WEED SHOPS STILL OPERATE IN L.A. DESPITE BAN."

Quote:
"Last year Los Angeles voters essentially outlawed all marijuana dispensaries in town. Prop. D, which passed 62 percent in favor to 37 percent opposed, grants limited immunity to the 135 or fewer legit weed stores still standing following a 2007 City Council moratorium on pot sellers.

As we've said, that leaves about 90 percent or so of our town's pot shops eligible to be closed down. And the L.A. City Attorney's office and LAPD say they've been making headway.

Well, not so fast:

The city Office of Finance, in declaring this week that it has collected $8.6 million in business taxes from self-proclaimed medical marijuana collectives since April 18, 2011, noted the number of said shops paying tribute to the fine people of Los Angeles today is ... 1,140."


http://www.mapinc.org/drugnews/v14/n245/a04.html



More importantly, Angel says 'the testing lab' is only a portion of what BG is about:

BGMT_ProductStrategy_2012-02.png


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