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re: Let’s talk weed stocks in this thread
Posted on 1/18/19 at 11:54 am to Aubs10
Posted on 1/18/19 at 11:54 am to Aubs10
So can we expect a spike and then a pull back and then what is the next "level" of approvals or conditions that need to be met in order for LVVV to start selling and earning revenue?
1
Posted on 1/18/19 at 11:59 am to LSUGrad2005
For this location, we immediately start buildout of the building, which could take a while (a month or two I’m guessing). We also need to state license for that location too, which at the earliest would be around 30 days.
But keep in mind that we are already up and running at Coachella and should see revenue from there in the next couple weeks. Also have the distribution license which should be generating revenue. I expect to see decent revenue by the end of Q1 and revenue from Paso Robles hopefully in Q2.
The pullback would all depend on how hard they push this and when the uplisting happens. If we have this PR on Tuesday (market closed Monday), then a week later get the uplisting, then a week later show revenues, we could start a sustained climb. Then again it could be this PR then silence until Q1 reports are issued.
But keep in mind that we are already up and running at Coachella and should see revenue from there in the next couple weeks. Also have the distribution license which should be generating revenue. I expect to see decent revenue by the end of Q1 and revenue from Paso Robles hopefully in Q2.
quote:
and then a pull back
The pullback would all depend on how hard they push this and when the uplisting happens. If we have this PR on Tuesday (market closed Monday), then a week later get the uplisting, then a week later show revenues, we could start a sustained climb. Then again it could be this PR then silence until Q1 reports are issued.
This post was edited on 1/18/19 at 12:01 pm
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