Ann: Licenses Update, page-28

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18/05/17

09:35

Post #: 24761190
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Originally posted by Benrich2016 ↑

I pulled this from commsec site. Looks to me like QBL already are cashflow positive.

To me loads of these other medical marijuana companies will be needing government grants and continual Credit raising to keep bringing in cash for their research. At the very least with hemp foods and industrial hemp QBL can keep bringing in Revenue from vitahemp and MCL.

Expo is not this weekend but the next. AK is a speaker along with a bunch of others including some other from Northern Rivers Hemp which has a close association with AK.

When we crack MM licence and we have supermarkets cafes and health food stores as partners within Australia it'll go nicely with companies overseas already buying our products.

Hopefully China seeds are a quality addition to our seed bank. However the key to me is that we are building a relationship with Asia who are most likely going to be where Australia's biggest customers will come from.
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Can you explain why you're excited by this "cash flow positive" statement and what you believe it means for QBL? Just curious as to what you're reading into it...

QBL Price at posting: 1.6¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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Ann: Licenses Update, page-28

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