Ann: Q&A on the merger of QBL MCL and Medcan, page-318

could well be right - either way they have DA approval and $2.5m allocated to the facility with plans for it to be operational by (calendar) year end.

I feel for people not understanding the licences as first thing I researched and why compared to Cann group (CAN) from valuation perspective. Mr Market would be playing on the ignorance of many and yes the wording whilst not a lie in the announcement could be construed as somewhat confusing / misleading for those who don't understand what the licences mean.

Having a cultivation and production licence is very valuable in itself and if you follow CAN as I have in the past you would understand that.