Very possible SIGO's Specialty Mixed Light Tier 2
Post# of 2219
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Posted On: 03/09/2019 9:24:00 PM
Very possible SIGO's Specialty Mixed Light Tier 2 cultivation license expires 3/16 and is not renewed for a month or two. SIGO is one of hundreds of companies facing the same possibility.
California Senate Bill 67 to be a band-aid fix, but "the soonest it could be signed into law by Gov. Gavin Newsom is at least another two months"
https://mjbizdaily.com/california-cannabis-li...usinesses/
Two months from time of that article is late April for that bill to be signed which would allow SIGO's temporary licenses to be extended again. SIGO's manufacturing license lasts until 4/25, and their nursery license lasts until 4/10. They must be running that extraction equipment non-stop, toned down the cultivation in anticipation of not being able to grow for a month, but can keep their clone ops going. So overall, I think SIGO is going to stay afloat during the next couple months as California's "hot mess" gets resolved.
California Senate Bill 67 to be a band-aid fix, but "the soonest it could be signed into law by Gov. Gavin Newsom is at least another two months"
https://mjbizdaily.com/california-cannabis-li...usinesses/
Two months from time of that article is late April for that bill to be signed which would allow SIGO's temporary licenses to be extended again. SIGO's manufacturing license lasts until 4/25, and their nursery license lasts until 4/10. They must be running that extraction equipment non-stop, toned down the cultivation in anticipation of not being able to grow for a month, but can keep their clone ops going. So overall, I think SIGO is going to stay afloat during the next couple months as California's "hot mess" gets resolved.
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(0)Sunset Island Group, Inc. (SIGO) Stock Research Links
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