Have to use imagination with SIGO. Although I'm a
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Posted On: 05/08/2020 3:35:43 AM
Have to use imagination with SIGO. Although I'm a huge fan of a constant, steady stream of good news, I realize that is a pipe dream.
I see the license renewal for manufacturing as a big news item. I got to use my imagination and believe that Lori is making good progress towards her manufacturing goals.
I imagine the weather conditions have not changed, weed is still growing like clockwork.
Stock price is jumping around a lot more latey, too, so getting some winds blowing around here.
Bigger companies that took a pass on MJ Green Rush 1.0 will come to play during Green Rush 2.0, and they'll bring more institutional investors with them. These large investors/banks will not accept the level of risk entrepreneurs faced during Green Rush 1.0. They will pay a premium to secure companies with licenses, relationships and a demonstrated sustainability.
We also still need to get banking figured out. That was supposed to be a major CA initiative in 2020, but that got COVID'ded. Still hoping major progress is done in MJ banking this year.
Like Phasemonster likes to say a lot, it's still very early. Smarter money starting to move towards MJ.
I see the license renewal for manufacturing as a big news item. I got to use my imagination and believe that Lori is making good progress towards her manufacturing goals.
I imagine the weather conditions have not changed, weed is still growing like clockwork.
Stock price is jumping around a lot more latey, too, so getting some winds blowing around here.
Bigger companies that took a pass on MJ Green Rush 1.0 will come to play during Green Rush 2.0, and they'll bring more institutional investors with them. These large investors/banks will not accept the level of risk entrepreneurs faced during Green Rush 1.0. They will pay a premium to secure companies with licenses, relationships and a demonstrated sustainability.
We also still need to get banking figured out. That was supposed to be a major CA initiative in 2020, but that got COVID'ded. Still hoping major progress is done in MJ banking this year.
Like Phasemonster likes to say a lot, it's still very early. Smarter money starting to move towards MJ.
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