CAN 0.00% 2.8¢ cann group limited

FY21 forecast, page-15

  1. 997 Posts.
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    The company has undertaken vast amounts of research in conjunction with CSIRO and the Victorian government, paving the way for legislative changes locally. The company has a patented product that they have commenced registration with TGA - no other company has commenced this process.
    the company is nearing completion of stage 1 of a massive facility through one of the toughest periods in recent times partially funded through a loan facility with NAB, an achievement in itself.
    The company recently raised additional capital to include additional equipment in the facility which will remove the need to outsource manufacturing, this will generate cost saving efficiencies for shareholders who are willing to hold for longer than a month or two.

    given that there are no companies on the ASX in the MM industry that meet your idealistic criteria for the business, I'd say this is the best one.

    Please tell us about your metrics?

 
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