Mate I would check out some other options on the ASX in the cultivating space before jumping into CAN. This management is really not much chop imo, they couldnt get a greenhouse built in 3 years with all the cash and licenses in place. And now they have competition in the space that are already currently producing more than them at a lower cost. Even next year if CAN finally get 12500 kg pa facility going, they will be produvcing a lower amount at a higher cost than other asx listed companies.
I hold some CAN, but will never put another cent into them, and will only be selling out on pops, management has failed and now the business model is the wrong one (high cost cultivator in a country where cost of labour and electricity is high.)
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