Bay 1 planting has been delayed so they can produc
Post# of 2219
https://www.instagram.com/p/BgRROtThwer/?taken-by=vbfbrands
From the pic:
vbfbrands @lasershow50 not yet. We are only going to plant high quality clones. It may add a few days to schedule but we prefer a higher quality product. We want to be on a 2 week cycle and should be on that schedule for each bay shortly.
This is a branding decision and important since SIGO has not established its brand yet. It's fine that they haven't. Most entering this game are either creating or exposing their lessor known brand to a wider audience. This is a once in lifetime moment to enter a newly formed, large industry. Going to new partners with a solid product with reliable quality would be extremely important. All these licensees are coming together for the first time and everyone wants to get out of the gates working with the highest quality partners. We have to have great product, period. Or, yes, we will fail. Which is not an option.
SIGO focuses on unique high quality, thankfully. Nothing but the best in grow conditions. Their operations are so good the state is bringing others to see it during inspections, as reported by those attending the shareholder tour.
Also, it can't be said more that we are in the 3rd month of a newly formed $5-$7 billion industry. It literally takes 5-8 seconds to say , "SIGO revenues for 2018 = $7M" but it takes 12 months to actually do it. We are in month 3. Halfway through March now.
Day 55 of being licensed. That's not a long time, but think of all the progress made and initiated thus far.
If you stare at these boards everyday, like I do, then we need to step back and take a breath. The attention span of most message board posters is a flash in the pan. I fall trap to this myself. The story is so engaging, but it can become like watching paint dry. SIGO rolls out a smart joint-venture with REI and some people expect that it is to be up operational, producing, and revenues posted, all in a week. A 24-hour business news cycle. It takes months for things to ramp up.