CGB 0.00% 2.1¢ cann global limited

trading halt, announcement coming, page-231

  1. 1,376 Posts.
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    Let's say we have to admire the Chutzpah (audacity) to invest in MCL as a full mining business.

    it's just pure genius. Now, if you buy 55% of MCL you know it's worth owning and developping, you therefore know the potential. You also must really believe in it, because there is no fit with the existing business.

    That means this is a new direction, and that new direction means MCL, aka hemp and medicinal cannabis will become the main business moving forward.

    The market thinks that, and management probably already thinks that. Now logically they want the best price possible for the bauxite and deliver that project to its completion.

    What investors like myself are planning is that. We're in for MCL. We're in for HEMP and for MC, both huge new industries that will generate a ton of revenue (and change medicine as we know it: bye bye opioids, chemo, and all the nasty poisons doctors mistake for medicine) We have things (called medicine by some) that destroy our immune system, MC literally boosts the immune system. Totally opposite approach, and the right approach to solving chronic diseases.

    It think we're in for an absolute treat tomorrow. Markets overall are going to stagnate for 3 month IMO by the looks of things. So price movement will come from news until a new wave of interest comes in, probably July with legalization in Canada.

    As the youngsters say, let's moon. I think a good news can add 30M-50M-80M of Mcap. You do the math.
 
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