CGB 0.00% 2.1¢ cann global limited

Price Estimate, page-63

  1. 2,164 Posts.
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    I think they’ve timed this to perfection I also believe they are targeting exports to Canada by September.

    I have their first crop 3 ton of cannabis worth $21m in revenue anyone care to elaborate on whether that is an accurate figure? I would imagine at least a 50% profit margin as well.

    So reasons I believe the Price will go up and stay up:

    1. Canada legalised marijuana recreationally
    Tuesday just gone.
    2. Hemp revenue is occurring
    3. CannTab revenue will be on its way
    4. They have a market to sell 3 ton of cannabis too From September.
    5. They’ve stated the company is worth at least 8 cents with the cap raising.
    6. The MCL shares are held in escrow for 2 years so the register will be tightly held I think too 20 held 54% of current shares on issue.
    7. Will we get some joy with bauxite eventually
    10-15 cents price target
 
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