CGB 0.00% 2.1¢ cann global limited

Ann: Half Year Accounts, page-63

  1. 315 Posts.
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    Its unfortunatethe half yearly report was a little difficult to digest and not the stellarreport to be excited about, yet not all events was captured in the report andnor too exciting to read company expenses where way to much to comprehend..

    Yet CGB hasexpanded from a mining industry and fully involved in the hemp industry, CGBhas expanded from where it was and where it is now and heading, and withexpansions come expenses and a cost involved to have infrastructure in place.

    The Hempplant has been in probation for over 80 years and infrastructure to plant andgrow consumables products in massive production, growing the right crops, buildingfaculties, set up and extract MM of highest quality grade, building long termrelationships to set up long term deals and agreements, all come with some expenses toexpand..

    I just get an impression there is more up CGB sleeve with further announcementsahead before AGM, and opportunity deals which haven’t been shared toshareholders due to market sensitivity and more than likely hear or read howmuch tonnage of hemp has been harvested from a drought and sales figures offood consumable here in Aus and Asia.

    It takestime, surely re compliance hasn't assisted and has been frustrating and thenhalf yearly report is not that exciting either…yet im in this for long term,and with legalization to change to decriminalized the plant here in Australiaalong with MM quality controls, you need to set up infrastructure, have quality agreementsand eventual capture the market and sell quality products here in Australian and overseas...

    anyways just my take...

    Good wishes to all CGB holders

 
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