"Thus with this product, if they cannot make significant sales and inroads now, while it is young, fresh, hip and high margins, how will they do when it grows into an agricultural product rather than a 'health food' like it is now?
Exactly! - CGB are making inroads to be the largest hemp producer in Australia but not just in the agricultural product they are also in the wholesale, production & retail business. Expand on that part to include many other products including cosmetics etc. the list goes on so I agree that agriculture will not be the be all end all & we all know it is more profitable on the retail side.
So it sounds like you think I am wearing blinkers & should be thinking this is an agricultural stock only?
I think you missed the part about the deals with Pharmocann & Canntab obviously where CGB is not a one trick pony & another reason I invested. There will also be a focus back to MM I'm sure once the last license is obtained by Medcan & as per the previous Bonify deal so could it be wrong that you are basing this stock on being an agricultural company only! Isn't there also a shortage of MM in Canada? Would it be silly to think we could sign a supply deal similar to other asx stocks as the world legalises MM use & dispensaries can't fill there shelves quick enough? I wonder if AK & Amazon John have access to contacts with the ducks guts of the MM seed supply that could propel us as the go to for quality? I wonder what the MCL seedbank is worth? We may even have some Bauxite somewhere also which who knows might be worth something at the end of the day.
Add to My Watchlist
What is My Watchlist?