“The majority of our payments we do pay in cash. It is easier for us to pay in cash because we have so much of it get rid of. We might write a check on occasion, but we try to pay as much stuff in cash as possible because we have that excess of cash. I wouldn’t say it’s stressful exactly, but it requires an extraordinary amount of internal control and checks and balances. And a lot of security,” Alvarez said.
“We are always looking at acquisitions we can take on so we can increase our footprint in California. We have three dispensaries now and are waiting to hear back from the state on a few more licenses. We are serious about expansion and increasing our locations because this is an industry in which we believe we can play a pivotal role by building a strong retail foundation,” Alavarez concluded.