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GBLX

Posted on 2/5/19 at 5:43 pm
Posted by lsuolemisstix
Member since Oct 2016
31 posts
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
Posted by Cwar11
Shreveport
Member since Jan 2010
2291 posts
Posted on 2/5/19 at 8:17 pm to
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 by bubbz
Baton Rouge
Member since Mar 2006
22817 posts
Posted on 2/6/19 at 7:41 am to
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 by thatguy777
br
Member since Feb 2007
2386 posts
Posted on 2/6/19 at 9:16 am to
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.
Posted by bubbz
Baton Rouge
Member since Mar 2006
22817 posts
Posted on 2/6/19 at 11:08 am to
I don’t see that happening. This isn’t a GBLX problem. It’s a state of Louisiana problem.
Posted by lsuolemisstix
Member since Oct 2016
31 posts
Posted on 2/6/19 at 9:35 pm to
Hopefully something will change soon
Posted by The Egg
Houston, TX
Member since Dec 2004
79147 posts
Posted on 2/7/19 at 8:48 am to
been bidding and nibbling at the ask for a lil bit, I think it can move here
Posted by bubbz
Baton Rouge
Member since Mar 2006
22817 posts
Posted on 2/7/19 at 6:21 pm to
I honestly don’t see it moving until dispensaries open.
Posted by The Egg
Houston, TX
Member since Dec 2004
79147 posts
Posted on 2/11/19 at 12:48 pm to
LET'S GO GBLX

goddamn I love the otc
This post was edited on 2/11/19 at 12:48 pm
Posted by Cwar11
Shreveport
Member since Jan 2010
2291 posts
Posted on 2/12/19 at 10:08 am to
quote:

honestly don’t see it moving until dispensaries open.

8-10¢ rally this week & it’s Tuesday.
Posted by lsuolemisstix
Member since Oct 2016
31 posts
Posted on 4/18/19 at 1:07 pm to
maybe some movement coming next month
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