Ann: Trading Halt, page-16

Its the licence as looks like Drug control granted a few yesterday .
THC Global Group Limited (THC Global or the Company) (ASX:THC) advises that the Company has been
granted a Manufacture Permit from the Australian Office of Drug Control for the Company’s Southport
Manufacturing Facility (the Southport Facility. Which has risen from 30 cents to 42 cents and has a market cap of about 45 million compared to ECS 26 million
THC has negative cash flow of 1.8 million to ECS of 900k which is only based on 1qtr as ECS and would have extra costs for RTO Listing.
We will own our land next qtr unlike THC who leases so overheads will come down .
THC Global to enter the food and nutraceutical markets.. We are already in this space with Woolies and other deals and will be generating revenue from Jan.

My view is both of these companies are undervalued but more so ECS as should not be 20 million difference in market cap between them.
Guys who mention CR are just down rampers or naive . Don't you read ASX announcements . Qtly we still have 5 million in the bank and have a 1.5 million out flow this qtr for purchase of the hemp farm so for start of next year will still have 3 million .

Good Luck and DYOR