AC8 mkt cap 70mill at 40c we at ZLD THC MXC lw end of town mkt caps, page-27

But Government is partly to blame here too even on the medicinal side of things - the "regulatory risk" they always talk about in a typical unsophisticated investor PDS. Seems that any man, woman and dog and get a licence from the Government to make this medicinal stuff. When I invested I thought "wow, CAN got a Government licence - they are obviously on their game to manage that". But take a look at the link below. Almost like the White Pages. This list came out two weeks after I invested in CAN Group. Had I seen this list, the money would have been used to top up my Sonic Health shares instead. But I blame myself - the list was current before I invested.

Now I hasten to add that I know little about any of these companies and they all could be exceptionally competent at what they do. But this is clearly an oversupply situation the Government has been complicit in creating. you'd think from this list that Aussies were going to take to medicinal cannabis like they buy paracetamol from Coles and Woolies.

List of Government Licences