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GBLX
Posted on 2/5/19 at 5:43 pm
Posted on 2/5/19 at 5:43 pm
Anyone else holding this?
Going to keep waiting but wanted some opinions on this after reading a new article
LINK
Going to keep waiting but wanted some opinions on this after reading a new article
LINK
Posted on 2/5/19 at 8:17 pm to lsuolemisstix
I’m wanting to get into it considering they are the primary partner in Louisiana. It’s been taking a little dive this week, I’ll try to get in at some point. Southern is a complete failure in this venture so at some point GBLX will start turning profits in LA.
Posted on 2/6/19 at 7:41 am to lsuolemisstix
I’ve been holding for awhile now. The red tape in Louisiana is killing the stock right now. Distribution centers and dispensaries were supposed to be open last Summer. The latest is this May now. It’s been constantly pushed back by the state.
Posted on 2/6/19 at 9:16 am to lsuolemisstix
Just a heads up, they have a 5 year contract with the state. Theoretically the state could end the relationship at that point and put out another RFP to find a new partner for the grow. Unlikely if they perform well, but they are already about a year into the contract. Just something to consider.
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